11606 Canyon Rd E - Quick Quack Car Wash Ground Lease
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
11606 Canyon Rd E - Quick Quack Car Wash Ground Lease
3,588 SF Specialty Building Offered at $3,333,000 at a 5.85% Cap Rate in Puyallup, WA 98373
Investment Highlights
- Brand New 20-Year Corporate Ground Lease to Quick Quack Car Wash
- Brand New 2024 Construction
- Quick Quack Car Wash is 4th Largest Car Wash Brand in the U.S. with 230 Locations Across the Western U.S.
- Rare Scheduled 12.5% Rental Escalations Throughout Primary Term
- Excellent Access and Visibility Along Canyon Road East (55,025 AADT) Near Junction with WA-512 Arterial (93,000 AADT)
- Approximately 10 Miles from Tacoma and 35 Miles from Seattle
Executive Summary
The subject property is centrally located with excellent access and visibility along Canyon Road East (55,025 AADT) in close proximity to its junction with the WA-512 arterial (93,000 AADT). The site benefits from robust demographics with a population of 237,317 within a 5 mile radius. Average household income within 3 miles of the property is $132,902, and average home value within 1 mile of the site is $616,265.
The property benefits from a prominent retail location in close proximity to shopping centers, major retail tenants, employers, and schools. The property is located approximately 6 miles from Joint Base Lewis-McChord, the fourth-largest employer in Washington State with an economic impact of more than $12.1 billion annually. The site is approximately 5 miles from Pacific Lutheran University, with a student body of 2,700.
Puyallup (population 42,973) is an established suburb of Tacoma and Seattle located approximately 10 miles southeast of Tacoma and 35 miles South of Seattle. The city is home to the Washington State Fair, the largest single annual attraction held in the state of Washington and one of the ten largest state fairs in the U.S., drawing an average of more than a million visitors per year.
In Association with ParaSell, Inc. | A Licensed Washington Broker #21245
The property benefits from a prominent retail location in close proximity to shopping centers, major retail tenants, employers, and schools. The property is located approximately 6 miles from Joint Base Lewis-McChord, the fourth-largest employer in Washington State with an economic impact of more than $12.1 billion annually. The site is approximately 5 miles from Pacific Lutheran University, with a student body of 2,700.
Puyallup (population 42,973) is an established suburb of Tacoma and Seattle located approximately 10 miles southeast of Tacoma and 35 miles South of Seattle. The city is home to the Washington State Fair, the largest single annual attraction held in the state of Washington and one of the ten largest state fairs in the U.S., drawing an average of more than a million visitors per year.
In Association with ParaSell, Inc. | A Licensed Washington Broker #21245
Property Facts
| Price | $3,333,000 | Building Class | B |
| Price Per SF | $929 | Lot Size | 1.04 AC |
| Sale Type | Investment NNN | Building Size | 3,588 SF |
| Cap Rate | 5.85% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Property Subtype | Car Wash |
| Price | $3,333,000 |
| Price Per SF | $929 |
| Sale Type | Investment NNN |
| Cap Rate | 5.85% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.04 AC |
| Building Size | 3,588 SF |
| No. Stories | 1 |
| Year Built | 2024 |
1 of 1
-
Putnam Daily -
Lindsey Snider -
Fisher James Capital
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
11606 Canyon Rd E - Quick Quack Car Wash Ground Lease
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.