Drive-Thru Car Wash Net
For Sale
Contact for pricing
Pending
1001 Commerce Avenue., Atwater, CA 95301
Absolute NNN drive-thru car wash offered with a long remaining ground lease term.
Property SizeContact for details
Days on Market149
Property Features for 1001 Commerce Avenue.
General Information
Standard status
Pending
Property subtype
Retail, Land
Site & Location
Traffic Count
52,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Patrick R. Luther, CCIM · License #01912215
(480) 221-4221
Source:
Crexi
Added: Apr 10
Changed: Aug 23
Last Checked: Sep 4 at 11:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This absolute NNN investment features a drive-thru equipped Rapid Xpress Car Wash, offered as the leased fee interest (land ownership). The ground lease is held by RXCW Atwater Corp., with 24 years remaining and two additional five-year options to extend. Lease terms include 10% rental increases every five years during the initial term and at the start of each option period. The lease is personally guaranteed by three individuals, including the president of Rapid Xpress Car Wash, and is structured with zero landlord responsibilities under the absolute NNN framework.
The property is located along State Highway 99, a major north/south corridor with stated traffic of 52,000 VPD. It is positioned as an outparcel to the Applegate Ranch Shopping Center, which is anchored by a Walmart Supercenter and a Super Target and includes a mix of national retailers.
Additional nearby national and credit tenants called out in the offering remarks include Rite Aid, Walgreens, Food 4 Less, CVS Pharmacy, Tractor Supply Co., O’Reilly Auto Parts, and AutoZone. The stated 5-mile trade area supports over 60,100 residents with an average household income of $69,882.
The property is located along State Highway 99, a major north/south corridor with stated traffic of 52,000 VPD. It is positioned as an outparcel to the Applegate Ranch Shopping Center, which is anchored by a Walmart Supercenter and a Super Target and includes a mix of national retailers.
Additional nearby national and credit tenants called out in the offering remarks include Rite Aid, Walgreens, Food 4 Less, CVS Pharmacy, Tractor Supply Co., O’Reilly Auto Parts, and AutoZone. The stated 5-mile trade area supports over 60,100 residents with an average household income of $69,882.
Key Highlights
- Leased fee (land ownership) in an absolute NNN drive‑thru car wash in Atwater, CA
- Tenant RXCW Atwater Corp. has 24 years remaining on the ground lease with two 5‑year extension options
- Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period
Property Analytics
Property Profile
Current Use
Lease Details
52,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
548k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 34%
Shops & Services 25%
Dining 22%
Apparel 12%
Walmart
Superstores
97,440 visits/mo
0.2 miles
Target
Superstores
87,366 visits/mo
0.1 miles
Marshalls
Apparel
49,656 visits/mo
0.2 miles
McDonald's
Dining
32,267 visits/mo
0.2 miles
ARCO
Shops & Services
22,358 visits/mo
0.3 miles
Demographics for 95301, CA
40,886
Population
13,250
Households
3.1
Avg Household Size
35
Median Age
16%
College-Educated
74%
High-School Grad
76.1 sq mi
ZIP Area
537
Density / Sq Mi
$66,669
Median Household Income
$40,101
Median Earnings
$1,215
Median Rent
$367,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Car wash - Absolute NNN drive-thru car wash offered with a long remaining ground lease term.
Where is this car wash located?
The property is located at 1001 Commerce Avenue. Atwater, CA.
What are key features of this property?
This property features: Leased fee (land ownership) in an absolute NNN drive‑thru car wash in Atwater, CA; Tenant RXCW Atwater Corp. has 24 years remaining on the ground lease with two 5‑year extension options; Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period
