1115 Imperial W Ave Calexico, CA 92231-4809

This exceptional investment opportunity presents a brand-new, 3,600 square foot Quick Quack Car Wash in Calexico, CA. The property boasts a 20-year absolute NNN lease (commencing May 1, 2023) with a corporate guarantee, offering significant long-term stability and minimal landlord responsibilities. The lease includes a 10% rent increase every five years, ensuring consistent income growth and inflation protection. Situated on a 0.94-acre lot with 18 parking spaces, the car wash benefits from a prime location on Imperial Avenue, a high-traffic thoroughfare averaging over 34,000 vehicles daily. Its proximity to the Calexico border crossing (8.2 million vehicle crossings in 2023) and major retailers like Food4Less and Rite Aid further enhances its appeal. The property's strong demographics, including a 5-mile trade area with over 44,900 residents and an average household income of $80,029, contribute to its exceptional investment potential. The 6% cap rate and $120,000 annual NOI make this a compelling opportunity for passive investors seeking a secure, high-return investment. The property is zoned CH (Commercial Highway) and has APN 058-120-033-000. Built in 2023, the car wash is 100% occupied. The land is owned under a ground lease.