3325 Palmer Hwy - Car Washes FOR SALE
Texas City, TX 77590 |
$2,740,000 USD
3325 Palmer Hwy
Texas City, TX 77590
HIGHLIGHTS
- New 20-Year Ground Lease; 4-5 Year Option Periods; Zero Landlord Responsibilities
- Corporate Guaranty by Quick Quack Car Wash Holdings LLC; Annual Company Revenue is Estimated to Exceed $750M (Jan 2025)
- Quick Quack Operates 250+ Locations; Recent $850M Minority Stake Investment from KKR (a Leading Global Private Equity Firm)
- Signalized Hard Corner with Over 34,500 Vehicles Per Day; New Construction; Estimated Opening Date July 2025
- Affluent and Dense Infill Market; Over 169,000 People and Over $93,500 Average Household Income within 10 Miles
- Positioned less than 1 Mile from Texas State Highway 146; a main North-South Arterial Corridor in Houston MSA
FOR SALE DETAILS
PRICE
$2,740,000 USD
PRICE/SF
$391 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
-
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Quick Quack Car Wash | Houston MSA
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
ADD'L SUBTYPES
Auto Repair, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.72 AC
LAND SF
31,378 SF
ZONING
-
APN/PARCEL ID
1003-0000-0001-000
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