1520 W Main St | League City, TX 77573
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- LoopNet Team
1520 W Main St
League City, TX 77573
ABS. NET 20-YEAR CAR WASH | #1 TEXAS OPERATOR · Specialty Property For Sale
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2,893 SF
Investment Highlights
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation.
- Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System.
- 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation.
- Strategic Alliance with ClearWater Express Wash Creates 95+ Locations Nationwide Reinforces Long-Term Stability, Scale, and Growth Potential.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented Industry.
Property Facts
| Property Type | Specialty | Building Size | 2,893 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | C | Year Built | 2022 |
| Lot Size | 1.93 AC |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.93 AC |
| Building Size | 2,893 SF |
| No. Stories | 1 |
| Year Built | 2022 |
Property Taxes
| Parcel Number | 2585-0000-0002-000 | Improvements Assessment | $882,930 |
| Land Assessment | $993,010 | Total Assessment | $1,875,940 |
Property Taxes
Parcel Number
2585-0000-0002-000
Land Assessment
$993,010
Improvements Assessment
$882,930
Total Assessment
$1,875,940
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