Super Star Car Wash

13550 East Colossal Cave Road, Vail, AZ 85641

$4,923,000

Cap Rate 6.50%

Views: 194 DOM: 415 Updated: 07.04.24 Posted: 11.03.23 Status: Active

Summary

Price $4,923,000	Built/Renov 2023	Tenant Super Star Car Wash
Cap Rate 6.50%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 4,560	Lease Start 04-01-2024	#Units 77
Price/SF $1,079.61	Expiration 03-31-2044	Tenant Type Automotive
NOI $320,000	R. Term 19.3	Ownership Fee Simple
Rent/SF $70.18	Increases 10.0%/5/yrs	Pop 5Mi 24,561
Lot/AC 2.23	Options 6/5yrs/10%	AHHI 5Mi $141,939

Lease Highlights

Brand-new 2023 construction
Super Star Car Wash will be signing a brand-new 20-year lease with 6 (5-year) options at the close of escrow
Lease features 10% rental increase every 5 years throughout the initial term and each option
Absolute NNN | Zero landlord responsibilities
Corporate guarantee by TSG Consumer Partners

Location Description

Super Star Car Wash is strategically located along East Colossal Cave Road with access to 23,050 vehicles per day. The site is adjacent to Walgreens and next to a Safeway anchored shopping center with tenants including McDonald’s, Taco Bell, Chase Bank and Goodwill. Additionally, the tenant is within close proximity to multiple schools and residential neighborhoods providing a direct consumer...

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Key Features

New construction
Build to suit
Near major nationals
Strategically located
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 20+ yr lease
Accelerated depreciation
Corporate Guarantee

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Links

Super Star Car Wash Wikipedia Vail, Arizona Zip Code 85641 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Super Star Car Wash
Guarantor:Corporate
Company:TSG Consumer Partners
# Units:77
Stock:Private

About Tenant

Super Star Car Wash is a leading car wash operator. The family-owned company offers full service and express car washes in Arizona, California, Colorado, and Texas. Services include single washes...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	5,732	17,546	26,455
2023 Total Population :	5,307	16,273	24,561
2023 Employed Civilian Pop :	2,732	7,905	11,477
2023 Total Businesses :	50	124	216
2023 Average Household Income :	$ 139,245	$ 148,075	$ 141,939
2023 Total Consumer Spending :	$ 207 M	$ 728 M	$ 1064 M
2023 Median Age :	37	38	38
2023 Total Households :	1,748	5,785	8,797
2023 Pop Age 25+: Bachelor's Degree :	988	3,146	4,713
2023 Average Home Value :	$ 339,407	$ 386,131	$ 387,289

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
E Colossal Cave Rd	E Mary Ann Cleveland Way	2014	10,800	0.06 mi
East Colossal Cave Road	E Mary Ann Cleveland Way	2018	12,722	0.09 mi
E Colossal Cave Rd	E Mary Ann Cleveland Way	2014	1,246	0.10 mi
E Mary Ann Cleveland Way	E Colossal Cave Rd	2014	9,331	0.15 mi
E Colossal Cave Rd	E Mary Ann Cleveland Way	2014	7,640	0.35 mi
East Colossal Cave Road	E Mary Ann Cleveland Way	2018	8,697	0.35 mi
S Long Tank Dr	E Mary Ann Cleveland Way	2014	738	0.44 mi
E Success Rd	E Bright Sky Loop	2007	652	0.50 mi
E Colossal Cave Rd	E Success Rd	2008	10,028	0.51 mi
E Success Rd	E Colossal Cave Rd	2008	796	0.51 mi

Listing Broker

Aron Cline

Berkeley Capital Advisors

Contact

177 Listings
30240 Views
21 Sold

Calvin Short

Berkeley Capital Advisors

Contact

187 Listings
31379 Views
23 Sold

Aron Cline

Specializing in Single Tenant Net Lease and Shopping Centers, Aron Cline leads Berkeley Capital Advisors’ West Coast Office. Since 2011, Aron has been actively engaged in the commercial real estate space. Over the last decade, he and his team have been regarded as one of the most active brokerage teams in the country - having brokered over 1,300 transactions totaling $3.5 billion. His dedication and success have earned him the trust of some of the country’s top institutions, developers, high ne

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Calvin Short

Calvin Short joined Berkeley Capital Advisors in 2021 and leads the West Coast capital markets group. Since joining Berkeley, Calvin has been a part of closing 1,400 separate transactions with $4 billion in sales volume. Prior to Berkeley, Calvin served as Senior Vice President at Matthews REIS where he was consistently ranked within Matthews’ top five producing agents. In 2012, he graduated from The University of San Diego with a B.A. in Real Estate Finance. Calvin has spent the past 10 years

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