ICWG Car Wash NNN
For Sale
Contact for pricing
1313 S Valley Mills Dr, Waco, TX 76711
ICWG car wash offered with a brand-new 20-year triple-net lease and a corporate guarantee from International Car Wash Group.
Property SizeContact for details
Days on Market124
Property Features for 1313 S Valley Mills Dr
General Information
Standard status
Active
Property subtype
Special Purpose
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Richard Nardi · License #NY 10401294015
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 3:03AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents an ICWG car wash for sale with an existing brand-new 20-year triple-net (NNN) lease executed in December 2020. The lease is structured with absolutely no landlord responsibilities. Current annual rent is $318,932, and includes 1.85% annual rental escalations starting in Year 7, continuing throughout the base term and through the four, five-year tenant renewal option periods.
The lease also features a corporate guarantee from International Car Wash Group LTD. (UK). According to the offering remarks, the operator has more than 950 locations throughout the United States and internationally.
This is a straightforward NNN car wash investment built around the long-term lease term, annual escalations beginning in Year 7, and the corporate-backed credit support.
The lease also features a corporate guarantee from International Car Wash Group LTD. (UK). According to the offering remarks, the operator has more than 950 locations throughout the United States and internationally.
This is a straightforward NNN car wash investment built around the long-term lease term, annual escalations beginning in Year 7, and the corporate-backed credit support.
Key Highlights
- ICWG car wash in Statesboro, GA
- Tenant signed a brand‑new 20‑year triple‑net (NNN) lease in December 2020
- Lease has no landlord responsibilities for the tenant term
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
688
Businesses Nearby
189k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 19%
Home Improvements & Furnishings 11%
Leisure 7%
Raising Cane's Chicken Fingers
Dining
36,934 visits/mo
0.4 miles
Rosa's Cafe
Dining
31,103 visits/mo
0.3 miles
Cheddar's Scratch Kitchen
Dining
21,994 visits/mo
0.3 miles
El Paso Mexican Grill
Dining
17,156 visits/mo
0.5 miles
Tractor Supply Co.
Home Improvements & Furnishings
17,065 visits/mo
0.5 miles
Demographics for 76711, TX
9,806
Population
4,143
Households
2.4
Avg Household Size
33
Median Age
17%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
2,452
Density / Sq Mi
$52,617
Median Household Income
$33,989
Median Earnings
$1,314
Median Rent
$112,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - ICWG car wash offered with a brand-new 20-year triple-net lease and a corporate guarantee from International Car Wash Group.
Where is this car wash located?
The property is located at 1313 S Valley Mills Dr Waco, TX.
What are key features of this property?
This property features: ICWG car wash in Statesboro, GA; Tenant signed a brand‑new 20‑year triple‑net (NNN) lease in December 2020; Lease has no landlord responsibilities for the tenant term
