830 N Imperial Ave - Quick Quack Car Wash | New 20yr Corp Abs NNN
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830 N Imperial Ave - Quick Quack Car Wash | New 20yr Corp Abs NNN
3,596 SF Specialty Building Offered at $2,167,000 at a 6% Cap Rate in Imperial, CA 92251
Investment Highlights
- Corporate Signed | Brand New 20-Year Lease | Scheduled Rental Increases | Options To Extend
- Excellent Visibility & Access | N. Imperial Ave (21,000+ VPD) | Limited Competition
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics | Six-Figure Incomes
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, freestanding, newly constructed Quick Quack Car Wash investment property located in Imperial, California. The tenant recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN, making this an ideal, management free investment opportunity for a passive investor. Quick Quack Car Wash offers lightning-fast, eco-friendly car cleaning services, utilizing state-of-the-art equipment for a spotless shine in minutes. With over 200 locations throughout the United States, it stands as one of the largest and fastest-growing car wash chains in the country.
Property Facts
| Price | $2,167,000 | Building Class | B |
| Price Per SF | $603 | Lot Size | 0.92 AC |
| Sale Type | Investment | Building Size | 3,596 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Property Subtype | Car Wash | Parking Ratio | 4.17/1,000 SF |
| Price | $2,167,000 |
| Price Per SF | $603 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.92 AC |
| Building Size | 3,596 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 4.17/1,000 SF |
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 063-040-035-000 | Improvements Assessment | $0 |
| Land Assessment | $121,726 | Total Assessment | $121,726 |
PROPERTY TAXES
Parcel Number
063-040-035-000
Land Assessment
$121,726
Improvements Assessment
$0
Total Assessment
$121,726
zoning
| Zoning Code | C-2 (Commercial General) |
| C-2 (Commercial General) |
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Power Broker Patrick Luther -
Power Broker Matthew Mousavi -
SRS National Net Lease
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830 N Imperial Ave - Quick Quack Car Wash | New 20yr Corp Abs NNN
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