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Mister Car Wash - Houston, TX

1210 Barker Cypress Rd, Houston, TX, 77084, US

Mister Car Wash - Houston, TX_Propriétés en vente


Mister Car Wash - Houston, TX 2_Propriétés en vente

Description de l'actif

Jones Lang LaSalle Americas (“JLL”) is pleased to exclusively offer for sale the ground lease interest of the Mister Car Wash in Houston, TX (“Property” or “Asset”). This Asset features 5,521 square feet of newly-developed retail space and is 100% leased to Mister Car Wash on a 20-year absolute NNN ground lease. The Property is favorably positioned on Barker Cypress Rd adjacent to Interstate 10, which benefits from over 240,000 vehicles per day. The Asset is located within Houston’s Energy Corridor across the street from the Houston Medical Center – West Campus, comprised of both Methodist and Texas Children’s Hospital. The Asset is located within one the fastest growing corridors in the nation and has experienced a 68% population growth since 2010. Two Class-A apartment complexes are under construction two blocks from the Property and will add 963-units upon completion in 2024. Mister Car Wash is the largest conveyor cash wash operator in the nation with over 430 locations in 23 states and more than $876 million in total revenue (TTM). This location is scheduled to open for business in summer of 2023.


Building Area
513 m²

Informations Clés

  • Low Price Point Deal with Generational Qualities in the Heart of Houston's Energy Corridor
  • Adjacent to Houston Medical Center - West Campus with both Texas Children's + Houston Methodist Hospitals
  • Features Brand New 2023 Construction
  • #1 Conveyor Car Wash Operator in the Country
  • 20 Years of Term Remaining with 4, 5-Year Extension Options and No LL Responsibilities
  • Mister Car Wash Corporate Guarantee (430 Locations, $876.5 Million TTM Revenue)
  • Outstanding Houston Market with AHHI exceeding $126K
  • Prominent Retail Corridor
Mister Car Wash - Houston, TX 4_Propriétés en vente

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Dernière mise à jour
6 mars 2023