7027 Quaker Ave
Lubbock, TX 79424
Kings Park
HIGHLIGHTS
- The property is leased to Mister Car Wash, under an Absolute Triple Net Ground Lease structure, with the tenant responsible for all taxes, insurance.
- Listed at $2,850,000, this offering provides an exceptional opportunity to acquire a corporate NNN car wash asset at approximately $350/SF.
- The asset sits at Quaker Avenue & 82nd Street - one of Lubbock's highest-traffic intersections, shadow-anchored by a Walmart Supercenter and TJ Maxx.
- The combination of a below-market land basis, corporate credit tenancy, preserved renewal options, and scheduled rent bumps positions this asset.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 8,110 SF Mister Car Wash located at 7027 Quaker Avenue in Lubbock, TX. This offering features a corporate-guaranteed Mister Car Wash Ground Lease with an Absolute Triple Net (NNN) structure, providing a passive investment opportunity with minimal landlord responsibilities. The tenant is responsible for taxes, insurance, utilities, maintenance, repairs, and replacements under a long-term ground lease with Mister Car Wash / Car Wash Headquarters.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$2,850,000 USD
PRICE/SF
$351 USD /SF
CAP RATE
6.79%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mister Car Wash - Lubbock, TX
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
1.27 AC
LAND SF
55,321 SF
ZONING
-
APN/PARCEL ID
R71168
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949-922-2861
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949-922-2861
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