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NNN-Leased Car Wash

2701 West Nolana Avenue, McAllen, TX 78504

For Sale
Contact for pricing

A 30-year triple-net lease commenced in 2015 and includes scheduled rent increases.

Property Size2,941 SF
Lot Size1.17 Acres
Price / SF$2,048
Days on Market32

Property Features for 2701 West Nolana Avenue

General Information

Standard status Active
Size 2,941 SF
Lot size 1.17 Acres
Property subtype Special Purpose

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants Bluewave Car Wash
Real Estate Included Yes

Additional Details

Automotive Uses car wash
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 2:39PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The car wash includes 2,941 rentable square feet of building area on a 1.17-acre parcel. The property is occupied under a triple-net lease with a 30-year term that began May 13, 2015. Contractual rent increases are set at 10% every five years.

Key Highlights

  • 2,941 rentable square feet of building space
  • 1.17‑acre parcel
  • 30‑year triple‑net lease commenced 5/13/2015

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

BlueWave Express Car ... Car Wash

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Building Supply Plumbing Service Carpet & Flooring Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,129
Businesses Nearby

Demographics for 78504, TX

56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Car wash - A 30-year triple-net lease commenced in 2015 and includes scheduled rent increases.
Where is this car wash located?
The property is located at 2701 West Nolana Avenue McAllen, TX.
What is the asking price?
The asking price for this property is $6,023,883.
What are key features of this property?
This property features: 2,941 rentable square feet of building space; 1.17‑acre parcel; 30‑year triple‑net lease commenced 5/13/2015
(332) 345-4222 Call to check price and availability
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