Gerber Collision & Glass – West Melbourne, FL
West Melbourne, Florida
Cap Rate: 6.50%
$2,192,400
Available
List with SIG
Tap into the expertise of brokers who specialize in your property type.
Get In TouchMister Car Wash – American Fork, UT
Mister Car Wash
83 State Street, American Fork, UT 84003, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,725 SF Mister Car Wash Absolute NNN Asset Located at 83 NW State Road in American Fork, UT. This Deal Includes an Absolute Triple Net Lease (Zero Landlord Responsibilities) and Corporate Guaranty From the Largest Car Wash Operator in the Country That Has Been in Business Since 1969, Providing For a Secure Investment.
- Absolute Triple Net Lease (Zero Landlord Responsibilities) and Corporate Guaranty From the Largest Car Wash Operator in the Country That Has Been in Business Since 1969
- Strong Corporate Guaranty From a Publicly Traded Company (NYSE: MCW), Mister Car Wash is the Largest Operator in the Country, With 500+ Locations Operating in 21 States
- $994.7MM in Net Revenue in 2024 From Its Growing Operations and Customer Base
- The Unlimited Wash Club Membership (UWC) Has Grown to 2.1M Nationwide, Making Up ~71% of Mister Car Wash’s Total Sales
- Across All Locations in 2024, Mister Car Wash Performed +90MM Washes Contributing to an Adjusted EBITDA of +$320MM
- The Subject Property Sits Close to the Exit of Interstate 15, Which Sees North of 197,00 Vehicles Per Day
- Excellent Egress/Ingress – No Curb Allowing Both North & Southbound Traffic to Access the Property; Additional Point of Entry Via them Surrounding Shopping Center
- Dense Infill Location With Strong Demographics Featuring a Population of 168,00 Within a 5-Mile Radius and Growth of 2.3% in the Last 13 Years
- Strong Retail Synergy – Located Around Popular National Tenants Such as Target, In-N-Out Burger, Chick-fil-A, Zaxby’s, Olive Garden, Sunbelt Rentals, Mattress Firm, T-Mobile, and More
- Eligible For Bonus Depreciation – This Property Qualifies For Bonus Depreciation – Please Consult With Your Accountant
In Cooperation With Sands Investment Group Utah, LLC – Lic. #11325487 CN00 BoR: Tyler Ellinger – Lic. UT #8219031-SA00
Mister Car Wash
83 State Street, American Fork, UT 84003, USA
MISTER CAR WASH
Headquartered in Tucson, Arizona, Mister Car Wash, Inc. (NYSE: MCW) operates over 500 locations and has North America’s largest car wash subscription program. With a passionate team of professionals, advanced technology, and a commitment to exceptional customer experiences, Mister Car Wash is dedicated to providing a clean, shiny, and dry vehicle every time. The Mister brand is deeply rooted in delivering quality service, fostering friendliness, and demonstrating a genuine commitment to the communities it serves while prioritizing responsible environmental practices and resource management.
Similar Listings
Price
$5,003,035
Cap Rate
7.25%
PREMISES
11,725 SF
RENEWAL OPTIONS
4 x 5 Year Options
Lease Expiration
09/30/2033
Lease Type
Absolute NNN
RENTAL INCREASES
CPI increase Annually Not to Exceed 2%
BROKERS
Get Property Updates in Your Inbox
Subscribe to the SIG newsletter to access properties before they come to market.
To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
By filling in your information and submitting this form, you are accepting the terms of this agreement.