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Triple-Net Car Wash Property
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363 Santa Rosa St, San Luis Obispo, CA 93405

Single-story car wash building on an estimated 0.48-acre parcel, leased on a 20-year absolute NNN basis.

Property Size2,926 SF
Lot Size0.48 Acres
Days on Market119

Property Features for 363 Santa Rosa St

General Information

Standard status Active
Size 2,926 SF
Lot size 0.48 Acres
Property subtype Special Purpose

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 5:05PM

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

Investment Insights

Based on property information with market context.

Marcus & Millichap presents an exclusive sale opportunity for a Sun Day Carwash operating as an absolute triple-net (NNN) leased property. The site includes a car wash facility with approximately 2,926 rentable square feet of building space on an estimated 0.48-acre parcel of land. The lease is scheduled to commence upon close of escrow and includes a 20-year initial term.

The current annual rent is $301,875, with scheduled 2.00% annual increases throughout the base term and in each of the two 5-year renewal options. This offering is structured as a for-sale NNN investment property under the terms described above.

Key Highlights

  • Sun Day Carwash at 363 Santa Rosa Street, San Luis Obispo, CA
  • 20‑year absolute triple‑net (NNN) lease commencing upon close of escrow
  • Single‑story car wash building with 2,926 rentable SF on an estimated 0.48‑acre parcel

Property Analytics

Current Use

Sun Day Carwash Car Wash ROSS DRESS FOR LESS Clothing Store

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Home Appliance Store Locksmith Pet 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,257
Businesses Nearby

Demographics for 93405, CA

23,331
Population
9,687
Households
2.4
Avg Household Size
28
Median Age
52%
College-Educated
95%
High-School Grad
89.7 sq mi
ZIP Area
260
Density / Sq Mi
$52,481
Median Household Income
$12,402
Median Earnings
$1,936
Median Rent
$897,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Car wash - Single-story car wash building on an estimated 0.48-acre parcel, leased on a 20-year absolute NNN basis.
Where is this car wash located?
The property is located at 363 Santa Rosa St San Luis Obispo, CA.
What are key features of this property?
This property features: Sun Day Carwash at 363 Santa Rosa Street, San Luis Obispo, CA; 20‑year absolute triple‑net (NNN) lease commencing upon close of escrow; Single‑story car wash building with 2,926 rentable SF on an estimated 0.48‑acre parcel
(332) 345-4222 Call to check price and availability
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