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Listing Details


Address: 2002, Santa Barbara Boulevard South, Cape Coral, Florida, 33991

Price: $5,470,212

Cap Rate: 5.65%

Tenancy: Single Tenant

Status: In Escrow

Listing Team


Austin Blodgett, Senior Vice President

949.431.2735

ab@realsource.com


Jonathan Schiffer, Senior Associate, CCIM

949.688.1280

js@realsource.com

Contact Broker For Details

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Tenancy: Mister Car Wash
Renewal Options: Four, 5-Year Options
Lease Expiration: 06/30/2044
Rental Increases: Annual

• Single-Tenant Mister Car Wash:
∘ Corporately guaranteed lease by the top car wash operator in the U.S.
∘ Absolute NNN Lease, zero landlord responsibilities
∘ 18-years remaining on initial 20-year lease term
∘ 1.50% annual increases during primary term and options
• About Mister Car Wash:
∘ 522 locations with numerous new sites set to open in 2026
∘ $995 million in total revenue reported for 2024
∘ 2.2 million unlimited wash club members
∘ 5 greenfield sites built in Q3 2025
∘ Publicly traded company (NASDAQ: MCW)