NNN Sale-Leaseback Car Wash
For Sale
Contact for pricing
Pending
6506 82nd Street, Lubbock, TX 79424
Absolute triple-net sale-leaseback with a 20-year lease and 1.5% annual rental escalations.
Days on Market111
Property Features for 6506 82nd Street
General Information
Standard status
Pending
Property subtype
Special Purpose
Additional Details
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
SAB Capital
(646) 809-8840
Listed By:
Mark Pomella · License #NY 10401305401
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 30 at 10:48AM
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 SAB Capital
Investment Insights
Based on property information with market context.
SAB Capital presents Mighty Wash, an absolute triple-net (NNN) sale-leaseback in Lubbock, Texas. The transaction structure calls for the tenant to sign a 20-year lease commencing at closing, with annual rental escalations of 1.5%.
The offering is presented as a specialty NNN property. Mighty Wash currently operates 20 locations, primarily located in West Texas and the Permian Basin.
The property is located at 6506 82nd Street, Lubbock, TX 79424.
The offering is presented as a specialty NNN property. Mighty Wash currently operates 20 locations, primarily located in West Texas and the Permian Basin.
The property is located at 6506 82nd Street, Lubbock, TX 79424.
Key Highlights
- Absolute triple‑net (NNN) sale‑leaseback structure
- Tenant will sign a 20‑year lease commencing at closing
- Annual rental escalations of 1.5% built into the lease
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
Explore this area
Business Placement
Demographics for 79424, TX
53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute triple-net sale-leaseback with a 20-year lease and 1.5% annual rental escalations.
Where is this nnn property located?
The property is located at 6506 82nd Street Lubbock, TX.
What are key features of this property?
This property features: Absolute triple‑net (NNN) sale‑leaseback structure; Tenant will sign a 20‑year lease commencing at closing; Annual rental escalations of 1.5% built into the lease
