6313 S Broadway Ave - Car Washes FOR SALE


Tyler, TX 75703
$4,040,040 USD
949-374-1163
6313 S Broadway Ave, Tyler, TX for Sale
$4,040,040 USD
Car Washes - FOR SALE
1/6
null | 7.15% Cap Rate

6313 S Broadway Ave
Tyler, TX 75703


HIGHLIGHTS

  • 15+ years remaining on a 20-year Absolute NNN lease
  • Zero landlord responsibilities
  • Corporate & personal guarantees
  • Located at a high-traffic intersection (59,485+ VPD)

OVERVIEW

Property qualifies for 100% bonus depreciation... AiCRE Partners, as exclusive investment sales advisor to seller, is pleased to offer the opportunity to acquire the fee simple interest of Gleaux Car Wash in Tyler, TX. The subject property features a 3,324 SF car wash facility on a 1.01 AC lot. Positioned at the signalized intersection of S Broadway Ave & Grande Blvd, a lighted intersection with two Broadway curb cuts and four total access points— maximum visibility and vehicle ingress/egress. There are over 41,600 VPD on S. Broadway and the site is surrounded by national retailers like Walmart, Best Buy, Marshall’s, Petsmart, Target, Chick-Fil-A, Starbucks, Lowe’s, and Home Depot—this sustains high customer volume for the tenant. The lease has just over 15 years remaining with 1.5% annual increases and an absolute net structure featuring zero landlord responsibilities; perfect for out of state investors. The lease is backed by both a corporate and HNW personal guarantee from the founder providing extra security. Gleaux Car Wash is a fast-growing, veteran-owned express car wash brand based in Tyler, Texas. Since its founding in 2019, the company has rapidly expanded its local footprint to five locations across the Tyler market. Gleaux’s customer-centric model blends high-quality automated wash services with bright, inviting site design and strong brand personality—positioning it as a leader in the East Texas car wash segment.

FOR SALE DETAILS

PRICE

$4,040,040 USD

PRICE/SF

$1,215 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

C-2

APN/PARCEL ID

1-50000-1434-00-063000

ASK ABOUT THIS PROPERTY

Miles ElamHelios Investment ServicesMore Info
949-374-1163

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Miles ElamHelios Investment ServicesMore Info
949-374-1163

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.