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Triple-Net Car Wash
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5385 Platt Springs Rd, Lexington, SC 29073

A newly executed corporate-backed lease offers a long-term NNN structure with no landlord responsibilities.

Property Size3,300 SF
Lot Size2.06 Acres
Days on Market145

Property Features for 5385 Platt Springs Rd

General Information

Standard status Active
Size 3,300 SF
Lot size 2.06 Acres
Property subtype Special Purpose
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 10:28AM

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.

Located at 5385 Platt Springs Road in Lexington, South Carolina, this car wash property includes a 3,300-square-foot facility on 2.06 acres. International Car Wash Group operates the business, providing an established operating platform for the site.

The tenant will enter into a new 20-year triple-net lease at closing, with no landlord responsibilities under the lease structure. Annual rent escalations are set at 1.50% during the base term and continue through four five-year renewal options. The lease also includes a corporate guarantee.

Key Highlights

  • 3,300 rentable square feet situated on 2.06 acres
  • New 20‑year triple‑net lease upon close of escrow
  • 1.50% annual rental escalations during the base term and renewal options

Property Analytics

Current Use

Franks Car Wash Car Wash Take 5 Car ... Car Wash

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Kitchen & Bath Showroom Storage Facility

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

311
Businesses Nearby

Demographics for 29073, SC

48,653
Population
20,239
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
89%
High-School Grad
81.8 sq mi
ZIP Area
595
Density / Sq Mi
$72,648
Median Household Income
$45,050
Median Earnings
$1,046
Median Rent
$198,100
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Car wash - A newly executed corporate-backed lease offers a long-term NNN structure with no landlord responsibilities.
Where is this car wash located?
The property is located at 5385 Platt Springs Rd Lexington, SC.
What are key features of this property?
This property features: 3,300 rentable square feet situated on 2.06 acres; New 20‑year triple‑net lease upon close of escrow; 1.50% annual rental escalations during the base term and renewal options
(332) 345-4222 Call to check price and availability
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