Tenancy: Quick Quack Car Wash
Building Size: 1,515 SF
Renewal Options: Two, 5-Year & One, 4-Year & 11-Month Options
Lease Expiration: 04/26/2046
Rental Increases: 10% Increases every 5-Years
• Single Tenant Quick Quack Car Wash:
∘ Absolute NNN Ground Lease, zero landlord responsibilities
∘ 20-year initial lease term with option periods
∘ Favorable, 10% increases every 5-Years during primary term and options
∘ Corporately guaranteed lease by one of the fastest-growing car wash operators in the
U.S.
• About Quick Quack Car Wash
∘ Top-5 Ranked Express Car Wash Operator in the Western U.S.
∘ Currently at 285+ locations and expanding rapidly
∘ Private-Equity Backed by KKR, who recently provided $850M investment (2024)
∘ (Click for more information)
• Brand New, 2026 Construction
• Minimal express wash competition within the market
• Direct ingress & egress access to Florida Ave, a 25,000+ CPD roadway
• Excellent nearby demographics with population density of 161,000+ & $86,000+
Average Household Incomes within a 5-mi radius of the express wash
• Adjacent to a Holiday Inn Express proposed for construction (80 Rooms)
• Strategically positioned within the Daily-Needs Retail Corridor of Hemet:
∘ Shadow-anchored by a Target-anchored shopping center
∘ Close proximity to Big-Box Retailers Home Depot, Lowe’s, Tractor Supply Co, Staples,
Grocery Outlet, WinCo Foods, & Ross Dress for Less
∘ Positioned among nationally recognized retailers Raising Cane’s, Carl’s Jr., Wendy’s, &
Panera Bread
• Booming Multi-Family & Apartment Development in the Market:
∘ Aster River Oaks – Three-Story, 228-unit apartment complex scheduled for
Development
∘ River Oaks Ranch – 80+ Acre Master-Planned Community approved for Development
• Market of Tremendous Logistics & Industrial Absorption: Amazon (#1 Employer in IE) is
investing $19.3B over the next few years alone
• Riverside-San Bernardino-Ontario, CA MSA: #3 Most Populous MSA in CA
∘ 5th Strongest Population growth in the USA
∘ Ranked 20th in USA for GDP
