Zips Car Wash NNN
For Sale
$4,988,644
1431 Culebra Rd, San Antonio, TX 78201
Corporate absolute triple-net lease structure assigns landlord responsibilities to the tenant.
Property Size4,954 SF
Price / SF$1,006
Days on Market142
Property Features for 1431 Culebra Rd
General Information
Standard status
Active
Size
4,954 SF
Property subtype
Car Wash
Lease Type
Absolute Net
Amenities
20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options
Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System
Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction
100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor
Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually
Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Backed by Strong Unit Economics and Consistent Membership Growth. Strategic Alliance with BlueWave Express Creates 90+ Locations Nationwide Reinforces Long-Term Stability, Scale, and Growth Potential
Building Details
Building Size
4,954 SF
Tenancy
Single
Listing Agency:
Stream Capital Partners
(858) 373-3184
Listed By:
Alvin N. Mansour · License #License(s): CA: 01391653, TX: 0606255
(858) 373-3184
Source:
Marcusmillichap
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 30 at 12:58PM
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 Stream Capital Partners
Investment Insights
Based on property information with market context.
This Zips Car Wash property at 1431 Culebra Rd in San Antonio, Texas is offered with a corporate absolute triple-net lease structure. The lease has 19 years remaining and provides for annual rent increases, with the next increase identified for July 2020. Under the absolute NNN structure, the tenant carries the landlord responsibilities associated with the property.
The tenant operates 179 locations, and the property may be acquired as part of a portfolio or purchased individually. The offering is positioned around a single-asset acquisition or inclusion in a broader portfolio of similarly structured properties.
The tenant operates 179 locations, and the property may be acquired as part of a portfolio or purchased individually. The offering is positioned around a single-asset acquisition or inclusion in a broader portfolio of similarly structured properties.
Key Highlights
- Corporate absolute triple‑net lease structure
- 19 years remaining on the lease term
- Annual rent increases, with the next increase in July 2020
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Market
Vacancy Rate% for Retail in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate absolute triple-net lease structure assigns landlord responsibilities to the tenant.
Where is this nnn property located?
The property is located at 1431 Culebra Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $4,988,644.
What are key features of this property?
This property features: Corporate absolute triple‑net lease structure; 19 years remaining on the lease term; Annual rent increases, with the next increase in July 2020
