Building Details

Tenancy Single

Listing Agency: SAB Capital

Listed By: Michael Scali · License #NY 10401240589 Show Phone

Source: Crexi

Added: Sep 21 Changed: Sep 24 Last Checked: Sep 24 at 1:54PM

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Investment Insights

Based on property information with market context.

This car wash at 12218 Business Park Blvd N in Champlin is occupied by Mister Car Wash under an absolute NNN lease. The agreement has 16.7 years remaining in its initial 20-year term, includes annual increases of 1.50%, and provides four 6-year extension options.

The property sits near a Target and national restaurant operators including McDonald’s, Arby’s, and Jersey Mike’s. Its Champlin setting places it among established retail and service businesses.

Key Highlights

• Mister Car Wash is the single tenant
• Absolute NNN lease with 16.7 years remaining on the original 20‑year term
• Annual increases of 1.50% and four 6‑year options

Property Analytics

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Current Use

Top Wash Car Wash Mister Car Wash Car Wash

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Restaurant Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

70,000 VPD

Traffic count

100%

Occupancy

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

323

Businesses Nearby

120k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 68% Dining 26% Shops & Services 6%

Target Superstores

81,870 visits/mo 0.2 miles

McDonald's Dining

26,510 visits/mo 0.3 miles

Mister Car Wash Shops & Services

6,981 visits/mo 0.1 miles

Jersey Mike's Subs Dining

4,490 visits/mo 0.2 miles

Demographics for 55316, MN

23,919

Population

8,932

Households

2.7

Avg Household Size

40

Median Age

37%

College-Educated

98%

High-School Grad

8.2 sq mi

ZIP Area

2,917

Density / Sq Mi

$115,719

Median Household Income

$56,798

Median Earnings

$1,597

Median Rent

$338,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this car washes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Car wash - A single-tenant operation is secured by an absolute triple-net lease with annual rent increases.

Where is this car wash located?

The property is located at 12218 BUSINESS PARK BLVD N Champlin, MN.

What is the asking price?

The asking price for this property is $4,241,806.

What are key features of this property?

This property features: Mister Car Wash is the single tenant; Absolute NNN lease with 16.7 years remaining on the original 20‑year term; Annual increases of 1.50% and four 6‑year options