Car Wash Sale-Leaseback
For Sale
Contact for pricing
1614 Old Spanish Trail, Slidell, LA 70458
Car wash property offered as a 20-year sale-leaseback arrangement with annual rent escalations.
Property Size4,587 SF
Lot Size1.00 Acre
Price / SF$767.17
Days on Market151
Property Features for 1614 Old Spanish Trail
General Information
Standard status
Active
Size
4,587 SF
Total Parking Spaces
23
Lot size
1.00 Acre
Property subtype
Retail
Zoning
CC: Commercial Corridor
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$211,196
Building Details
Year Built
2023
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners South Florida
Listed By:
Jaime Salazar · License #SL3452271
(954) 703-3602
Source:
Crexi
Added: Apr 11
Changed: Sep 7
Last Checked: Sep 7 at 5:07AM
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 South Florida
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present the exclusive listing for the Mammoth Car Wash. The offering includes a car wash site with 3,500 total square feet of building space on 1.00 acres of land.
The property is being offered as a 20-year sale-leaseback with Mammoth Car Wash. The lease provides for 1.50% annual rental escalations during the base term and throughout four five-year renewal option periods.
This is a straightforward car wash real estate investment structure tied to a long-term lease and periodic rental increases.
The property is being offered as a 20-year sale-leaseback with Mammoth Car Wash. The lease provides for 1.50% annual rental escalations during the base term and throughout four five-year renewal option periods.
This is a straightforward car wash real estate investment structure tied to a long-term lease and periodic rental increases.
Key Highlights
- Car wash property at 1614 Old Spanish Trail offered as a 20‑year sale‑leaseback with Mammoth Car Wash
- Building has 3,500 total SF of space on 1.00 acre
- Lease includes 1.50% annual rental escalations during the base term and through four 5‑year renewal options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Hotels & Casinos 38%
Shops & Services 6%
Waffle House
Dining
4,157 visits/mo
0.5 miles
Super 8 by Wyndham Slidell
Hotels & Casinos
2,822 visits/mo
0.5 miles
Safelite AutoGlass
Shops & Services
472 visits/mo
0.3 miles
Demographics for 70458, LA
37,798
Population
17,026
Households
2.2
Avg Household Size
42
Median Age
31%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,809
Density / Sq Mi
$69,816
Median Household Income
$44,368
Median Earnings
$1,400
Median Rent
$227,200
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 - Car wash property offered as a 20-year sale-leaseback arrangement with annual rent escalations.
Where is this car wash located?
The property is located at 1614 Old Spanish Trail Slidell, LA.
What is the asking price?
The asking price for this property is $3,519,000.
What are key features of this property?
This property features: Car wash property at 1614 Old Spanish Trail offered as a 20‑year sale‑leaseback with Mammoth Car Wash; Building has 3,500 total SF of space on 1.00 acre; Lease includes 1.50% annual rental escalations during the base term and through four 5‑year renewal options
