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101 19th St - ABS. NET 20-YR CAR WASH | BONUS DEPRECIATION 4,954 SF Specialty Building Offered at $4,425,843 at a 7% Cap Rate in Hondo, TX 78861
INVESTMENT HIGHLIGHTS
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Strong Unit Economics and Consistent Membership Growth.
- 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation.
- The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
EXECUTIVE SUMMARY
Absolute Net 20-Year Car Wash | #1 in Texas and Top 15 Nationally | 100% Bonus Depreciation | 1.5% Annual increases
PROPERTY FACTS
| Price | $4,425,843 | Building Class | B |
| Price Per SF | $893.39 | Lot Size | 1.40 AC |
| Sale Type | Investment | Building Size | 4,954 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Price | $4,425,843 |
| Price Per SF | $893.39 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 1.40 AC |
| Building Size | 4,954 SF |
| No. Stories | 1 |
| Year Built | 2025 |
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PROPERTY TAXES
| Parcel Number | 4135 | Improvements Assessment | $245,320 |
| Land Assessment | $513,580 | Total Assessment | $758,900 |
PROPERTY TAXES
Parcel Number
4135
Land Assessment
$513,580
Improvements Assessment
$245,320
Total Assessment
$758,900
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101 19th St - ABS. NET 20-YR CAR WASH | BONUS DEPRECIATION
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