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Property profile & analytics
OFF-MARKET
Car washes

9801 Jones Rd 1 Houston, TX 77065-4305

4,750 SF 1 ac lot Built 2007
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2043276
Property summary
AI-generated overview

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 profile
Verified
Property type Car washes
Use group CAR WASH - AUTOMATED
Year built 2007
Construction CONCRETE BLOCKS
Total area 4,750 SF
Lot 1 ac (43,560 SF)
APN 1147760010171
UPID US82-2043276
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
Current use
Occupant on record · Public records
  • BlueWave Express Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bliss Re LLC · 4 yrs held
Bliss Re LLC
since 2022
7 recorded transactions
2022
Price N/A
2014
Price N/A
2012
Price N/A
2010
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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