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    OFF-MARKET
    Car washes

    1377 7800th S, West Jordan, UT 84088-4101

    4,390 SF 0.93 ac lot Built 2008
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US86-0177890
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 4,390 square foot car wash in West Jordan, Utah, leased to Mister Car Wash (NYSE: MCW), the nation's #1 car wash operator. Boasting a 15.9-year remaining lease term (expiring 09/30/2040) with 1.5% annual rent bumps, this property offers significant long-term stability and predictable income. The absolute NNN lease structure ensures minimal landlord responsibilities, while the corporate guarantee provides exceptional security. Located at 1377 W 7800 S, West Jordan, UT 84088, this strategically positioned property benefits from high visibility (281 feet of frontage on a road with 36,000+ vehicles daily) and favorable demographics (381,985 residents within a 5-mile radius, with an average household income of $100,224). The property sits near major employers, including Overstock.com headquarters and five apartment complexes, totaling 1,578 units. Built in 2008 and renovated in 2014, the 40,511 square foot lot offers ample space. The current NOI is $206,966, resulting in a 7.00% cap rate and a price per square foot of $673.58. The asking price is $2,957,000, representing a compelling price per unit. Four, five-year lease options further enhance the investment's longevity. The property is eligible for bonus depreciation, offering significant tax advantages.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    Year built 2008
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,390 SF
    Lot 0.93 ac (40,511 SF)
    Zoning code CM
    APN 21-34-227-001
    UPID US86-0177890
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Owner & transaction history
    Marianne Investments LP
    Marianne Investments LP
    since 2025
    7 recorded transactions
    2025
    2013
    2009
    2008
    2005
    2005
    2001
    Zoning & alternative use
    CM · West Jordan, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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