Single-Tenant Car Wash
16602 El Camino Real Houston, TX 77062
16602 El Camino Real, Houston, TX, 77062
Contact for pricing
For Sale
Contact for pricing
Pending
Absolute NNN lease with zero landlord responsibilities, featuring a 19+ year term and multiple renewal options.
Days on Market89
Property Features for 16602 El Camino Real
General Information
- Standard status
- Pending
- Property subtype
- Special Purpose
Listing agency
Realsource Group
(949) 942-6585
Listed by
Austin Blodgett · License #CA 01958151
Source
Crexi
Added: Apr 24 Updated: Jul 20 at 7:40PM Checked: Jul 20 at 7:40PM
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 Realsource Group
Investment Insights
Based on property information with market context.
This single-tenant Tommy’s Express Car Wash is offered as an Absolute NNN investment with zero landlord responsibilities. The property is under a long-term lease structure, including a 19+ year base term with four additional 5-year options. Lease economics include 2.00% annual increases for the first four years.
Located at 16602 El Camino Real in Houston, Texas, the offering includes details referenced in the offering memorandum, including information on car wash improvements and potential tax depreciation benefits (contact for more information). The tenant is presented as a rapidly expanding franchisee within the Tommy’s Express system.
Located at 16602 El Camino Real in Houston, Texas, the offering includes details referenced in the offering memorandum, including information on car wash improvements and potential tax depreciation benefits (contact for more information). The tenant is presented as a rapidly expanding franchisee within the Tommy’s Express system.
Key Highlights
- Single‑tenant Tommy’s Express car wash with an absolute NNN lease and zero landlord responsibilities
- 19+ year lease term with four 5‑year renewal options
- 2.00% annual increases for the first four years
Property Analytics
Location Intelligence
Current Use by Public Records
Valero
Gas Station
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - Absolute NNN lease with zero landlord responsibilities, featuring a 19+ year term and multiple renewal options.
Where is this car wash located?
The property is located at 16602 El Camino Real Houston, TX.
What are key features of this property?
This property features: Single‑tenant Tommy’s Express car wash with an absolute NNN lease and zero landlord responsibilities; 19+ year lease term with four 5‑year renewal options; 2.00% annual increases for the first four years
