$2,000,000 USD
858-373-3184
7101 E William Cannon Dr
Austin, TX 78744
Southeast Austin
HIGHLIGHTS
- 20 Year Absolute Net Lease (Zero Landlord Obligations) featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
- Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System. Low Rent / Small Price Point.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation.
- Part of Easton Park Master Planned Community.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Densely Populated and Affluent Area: Average Household Income of $120k+ w/in a 1-Mile Radius and 164k_ People Residing w/in a 5-Mile Radius.
OVERVIEW
ClearWater Express Wash | 20-Year Absolute Net Ground Lease | New High Quality 2025 Construction | Part of Easton Park - 2.3k Acre Master Planned Community | Low Rent / Small Price Point | Immediate Area Experiencing Major Growth | Densely Populated and Affluent Area | Near Austin-Bergstrom International Airport | Minutes from Downtown Austin, The University of Texas at Austin and Tesla Gigafactory
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$404 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
ABS. NET 20-YR CAR WASH | #1 TEXAS OPERATOR
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.56 AC
LAND SF
67,954 SF
ZONING
-
APN/PARCEL ID
952454
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858-373-3184
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858-373-3184
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