8340 Crystal View Rd - Car Washes FOR SALE


Eden Prairie, MN 55344
$7,100,000 USD
949-431-2735
8340 Crystal View Rd, Eden Prairie, MN for Sale
$7,100,000 USD
Car Washes - FOR SALE
1/4
null | 5.75% Cap Rate

8340 Crystal View Rd
Eden Prairie, MN 55344


HIGHLIGHTS

  • Out-Parcel to Eden Prairie Center
  • 100% Bonus Depreciation
  • Hard-Corner Location

OVERVIEW

• Single-Tenant Mister Car Wash Sale-Leaseback: ° Corporately guaranteed lease by the top car wash operator in the U.S. ° Absolute NNN Lease, zero landlord responsibilities ° 20-year initial lease term with four 5-year options ° 1.5% annual increases during primary term and options • About Mister Car Wash: ° 522 locations with numerous new sites set to open in 2025 ° $995 million in total revenue reported for 2024 ° 2.2 million Unlimited Wash Club members ° 39 new sites opened in 2024, a record for

FOR SALE DETAILS

PRICE

$7,100,000 USD

PRICE/SF

$1,314 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mister Car Wash - Eden Prairie, MN

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

C-REG-SER

APN/PARCEL ID

14-116-22-31-0031

ASK ABOUT THIS PROPERTY

Austin BlodgettRealSource GroupMore Info
949-431-2735

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Austin BlodgettRealSource GroupMore Info
949-431-2735

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