The Kase Group is pleased to present this exceptional investment opportunity for a single-tenant retail property located at 6559 East Northwest Highway, Dallas, TX. The property is fully leased to Super Star Car Wash, a highly successful tenant with over 100 locations and a proven track record of strong sales, making it an attractive, income-producing asset.
This Triple-Net (NNN) leased property offers a long-term lease with a stable, 10% rent increase every 5 Years and Three, 5 Year options to renew, ensuring consistent and reliable cash |ow over the next two decades. The next increase is scheduled for June 1, 2028. The lease is set to expire on May 31, 2048, providing a secure, long-term investment horizon for the purchaser.
The property spans 3,886 square feet on a 1.40-acre lot, situated in a prime, high-traffic area of Dallas, Texas. The location is well positioned for both visibility and access, benefiting from significant daily traffic f|ow. Super Star Car Wash has proven its business stability with annual sales of $1,488,956, further solidifying the property’s attractiveness as a secure investment.
With an asking price of $4,814,815, the property offers an attractive cap rate of 6.75%, providing investors with a high return relative to the market. Additionally, the Triple-Net lease structure shifts the responsibility for property expenses (including taxes, insurance, and maintenance) to the tenant, allowing for minimal landlord oversight and reduced operating costs.