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9801 Jones Rd Houston, TX 77065

Sponsored
For Sale
$6,164,151

High-return car wash, long-term lease.

Property size:
4,750 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a fee-simple, single-tenant, net-leased car wash in Houston, TX. The 4,750 square foot property, built in 2007 and situated on a one-acre lot at 9801 Jones Rd, boasts a 25-year absolute NNN lease with 12.4 years remaining, plus six 5-year options. The lease includes 10% rent bumps every five years, offering inflation protection. The property has a 5.30% cap rate and a strong NOI of $326,700, with 100% occupancy since April 1, 2012. The tenant, a BlueWave Express Wash franchisee, operates a successful express car wash with 16 covered vacuum stations. The property benefits from bonus depreciation opportunities. Located in a high-traffic, affluent area of Houston, this investment provides a stable, predictable income stream with minimal landlord responsibilities. The tenant's commitment and the lease structure ensure long-term value and potential for significant returns. The property's eco-friendly design and operations align with current market trends. This is a rare opportunity to acquire a high-performing asset in a prime location within a thriving metropolitan area.

Property Features for 9801 Jones Rd

General Information

Property type
Automotive properties
Square Feet
4,750 SF
Lot Size
43,560 SF

Building Details

Year Built
2007

HighLights

  • 13+ years remaining on a 25‑year NNN lease with six 5‑year options, offering long‑term stability.
  • 10% rental increases every 5 years throughout the lease term, providing inflation protection.
  • Established, operational site with a 10+ year history demonstrating profitability.
  • Absolute NNN lease structure eliminates landlord responsibilities and ensures passive income.
  • Lease guaranteed by a strong, multi‑location franchisee (Blue Wave Car Wash, 41 locations).
  • Fee simple ownership allows for bonus depreciation benefits (consult your tax professional).
Property Profile Location Intelligence

Current Use by Public Records

BlueWave Express Car ... Car Wash

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Houston
County
Harris
State
Texas
Longitude
-95.584803634688
Latitude
29.916008987385

FAQs

What type of property is this?
Automotive property - High-return car wash, long-term lease.
Where is this automotive property located?
The property is located at 9801 Jones Rd Houston, TX.
What is the asking price?
The asking price for this property is $6,164,151.
What are key features of this property?
This property features: 13+ years remaining on a 25-year NNN lease with six 5-year options, offering long-term stability.; 10% rental increases every 5 years throughout the lease term, providing inflation protection.; Established, operational site with a 10+ year history demonstrating profitability.
More about this property
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