The Snyder Carlton National Net Lease Team is pleased to offer investors an excellent opportunity to acquire an Absolute NNN leased Quick Quack Car Wash in Sacramento, CA. Quick Quack operates over 270 express car wash locations and is the fourth largest car wash brand in the Nation. With a new 20-year corporate ground lease, four 5-year option periods, and 10% rent increases every 5 years, this asset is ideal for a passive investor seeking inflation-resistant cash flows for years to come.
The 3,596-SF state-of-the-art car wash is strategically positioned near the hard-corner signalized intersection of Mack Road and Franklin Boulevard, which sees over 51,400 VPD and is an outparcel to the Valley Shopping Center (Food 4 Less anchored). The property is positioned within a Qualified Opportunity Zone, providing potential tax incentives. Additionally, the site is 1 mile from the Golden State Highway (SR 99), which sees over 191,300 VPD, and 2.6 miles from Interstate 5, which sees over 117,900 VPD. Kaiser Permanente South Sacramento Medical Center, one of Sacramento’s premier hospitals, is only 1.5 miles from the subject property, has approximately 306,603 annual visits, and 241 beds. Nearby retailers include McDonald’s, Carl’s Jr., Starbucks, Popeyes, Taco Bell, 7-Eleven, Walgreens, CVS, Dollar Tree, Food 4 Less, dd’s DISCOUNTS, AutoZone, Bank of America, and more.
This is a great opportunity to purchase a corporate ground-leased car wash in California’s capital (MSA population exceeding 2.4 million) with a well-established tenant, no landlord responsibilities, and strong rent increases providing effortless long-term income.