BlueWave Car Wash

BlueWave Car Wash

25556 Kingsland Blvd, Katy, TX map

Property information

Contact Agent:

Chris Kostanecki
(415) 274-2701

Purchase Price: $3,950,000
Cap Rate: 7.40%
Total Rentable Area: 4,800 SF
Price Per Square Foot: $823
Lot Size: 0.9 Acres
Year Built: 2016

Investment highlights

  • 15-year absolute NNN sale leaseback with 10% increases every 5 years
  • Growing and proven car wash concept: 13 current stores with 6 more currently under construction
  • Priced below replacement cost; total capitalized cost of the new facility is approximately $4.2M
  • Located in one of Katy’s premier retail nodes in close proximity to Katy Mills Mall and several major retailers
Marketing Package