Express Car Wash NNN
2418 Bloomfield Rd Cape Girardeau, MO 63703
For Sale
$2,047,640
2021-built tunnel car wash offered under an absolute triple-net lease with remaining term just under 18 years.
Days on Market21
Property Features for 2418 Bloomfield Rd
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2021
Listing Agency:
Matthews Real Estate Investment Services, Inc
(615) 212-2547
Listed By:
Landon Carter · License #365272 (TN)
(615) 212-2547
Source:
Matthews
Added: Jul 3
Changed: Jul 23
Last Checked: Jul 23 at 2:36AM
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 Matthews Real Estate Investment Services, Inc
Investment Insights
Based on property information with market context.
A 2021 new-construction express car wash built as a 125-foot tunnel replacement for a former self-service car wash. The property is offered on an absolute triple-net lease structure described as having no landlord responsibilities, designed to support passive ownership. The lease remaining term is just shy of 18 years, with annual 2% rental increases.
The lease is currently guaranteed by SB PEP Holdco, LLC (Strickland Brothers), which supports the tenant through the Trademark Car Wash brand. The site is positioned for exposure to S Kingshighway with strong traffic counts reported at over 17,850 vehicles per day. Within half a mile, the surrounding retail corridor includes Walmart, Tractor Supply, Walgreens, CVS, Aldi, Wendy’s, AutoZone, Sherwin Williams, and Hobby Lobby, among others. Cape Girardeau County, Missouri, is estimated at a 2024 population of 84,403 with 0.9% growth in the past year, according to the most recent U.S. census data. Car washes are noted as qualifying for bonus depreciation, subject to CPA review.
The lease is currently guaranteed by SB PEP Holdco, LLC (Strickland Brothers), which supports the tenant through the Trademark Car Wash brand. The site is positioned for exposure to S Kingshighway with strong traffic counts reported at over 17,850 vehicles per day. Within half a mile, the surrounding retail corridor includes Walmart, Tractor Supply, Walgreens, CVS, Aldi, Wendy’s, AutoZone, Sherwin Williams, and Hobby Lobby, among others. Cape Girardeau County, Missouri, is estimated at a 2024 population of 84,403 with 0.9% growth in the past year, according to the most recent U.S. census data. Car washes are noted as qualifying for bonus depreciation, subject to CPA review.
Key Highlights
- 2021‑built 125‑ft tunnel car wash built in 2021
- Absolute NNN (triple‑net) lease with no landlord responsibilities
- Just shy of 18 years remaining on the absolute NNN lease with annual 2% rent increases
Property Analytics
Location Intelligence
Current Use by Public Records
Blazin' Car Wash
Car Wash
Twice The Ice
Grocery & Convenience Store
FAQs
What type of property is this?
NNN property - 2021-built tunnel car wash offered under an absolute triple-net lease with remaining term just under 18 years.
Where is this nnn property located?
The property is located at 2418 Bloomfield Rd Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $2,047,640.
What are key features of this property?
This property features: 2021‑built 125‑ft tunnel car wash built in 2021; Absolute NNN (triple‑net) lease with no landlord responsibilities; Just shy of 18 years remaining on the absolute NNN lease with annual 2% rent increases
