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Tenancy: Mister Car Wash
Building Size: 5,400 SF
Renewal Options: Four 5-Year
Lease Expiration: 20 Years from COE
Rental Increases: Annual

New Single-Tenant Mister Car Wash Sale-Leaseback:

Corporately guaranteed lease by the largest car wash operator in the U.S.

Absolute NNN lease with zero landlord responsibilities

20-year initial lease term with four 5-year options

∘ Annual increases during primary term and options

Brand new 2022 construction

High sales volume location and ramping quickly

About Mister Car Wash:

420 locations with numerous new sites set to open in 2023

60 new sites in the last year, a 16.7% increase

$853 million in total revenue (TTM)

1.86 million Unlimited Wash Club members, an 18.9% year-over-year increase

Publicly traded company (NYSE: MCW)

No Direct Competition: Within a 3-mile radius

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Listing Details


Address: Abilene, Texas

Price: $4,500,000

Cap Rate: 6.00%

Tenancy: Single Tenant

Status: Available

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