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21315 TX 130 - Rapid Express Car Wash 4,600 SF Specialty Building Offered at $5,723,370 at a 6% Cap Rate in Pflugerville, TX 78660
INVESTMENT HIGHLIGHTS
- 20-Year Sale-Leaseback
- Fixed rental increases throughout the entire lease including options
- Very experience operator with 46 locations and expanding aggressively
- Absolute NNN – No landlord management obligations
- This location has been in operation for just about 4 years and is performing extremely well
- Texas has NO STATE INCOME TAX
EXECUTIVE SUMMARY
CBRE is pleased to present the exclusive listing for the Rapid Express Car Wash located at 21315 TX-130 in Pflugerville, TX. The site consists of 4,600 total square feet of
building space and sits on 1.28 acres of land. The site will be subject to a 20 year sale-leaseback with Rapid Express Car Wash. Starting in year one, the base rent shall be
$343,402. The lease will call for 1.50% annual rental escalations during the base term and throughout the (4) five-year renewal option periods (40 year total term).
The subject property is extremely well located due to it’s highway visibility, rapid market growth, and strong demographics. Positioned directly on TX-130, a major tollway
that carries heavy commuter and regional traffic, the site captures both daily local drivers and through-traffic heading into the Austin metro. Pflugerville itself is one of the
fastest-growing suburbs of Austin, fueled by new residential developments, industrial expansion, and rising household incomes—all of which translate into more vehicles
and higher demand for recurring car care. The area’s family-oriented demographics, with multiple cars per household, align perfectly with membership-based wash models.
building space and sits on 1.28 acres of land. The site will be subject to a 20 year sale-leaseback with Rapid Express Car Wash. Starting in year one, the base rent shall be
$343,402. The lease will call for 1.50% annual rental escalations during the base term and throughout the (4) five-year renewal option periods (40 year total term).
The subject property is extremely well located due to it’s highway visibility, rapid market growth, and strong demographics. Positioned directly on TX-130, a major tollway
that carries heavy commuter and regional traffic, the site captures both daily local drivers and through-traffic heading into the Austin metro. Pflugerville itself is one of the
fastest-growing suburbs of Austin, fueled by new residential developments, industrial expansion, and rising household incomes—all of which translate into more vehicles
and higher demand for recurring car care. The area’s family-oriented demographics, with multiple cars per household, align perfectly with membership-based wash models.
PROPERTY FACTS
| Price | $5,723,370 | Property Subtype | Car Wash |
| Price Per SF | $1,244.21 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.28 AC |
| Cap Rate | 6% | Building Size | 4,600 SF |
| Sale Condition | Sale Leaseback | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Zoning | R - Retail | ||
| Price | $5,723,370 |
| Price Per SF | $1,244.21 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Sale Condition | Sale Leaseback |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.28 AC |
| Building Size | 4,600 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Zoning | R - Retail |
PROPERTY TAXES
| Parcel Number | 921620 | Improvements Assessment | $935,617 |
| Land Assessment | $389,383 | Total Assessment | $1,325,000 |
PROPERTY TAXES
Parcel Number
921620
Land Assessment
$389,383
Improvements Assessment
$935,617
Total Assessment
$1,325,000
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21315 TX 130 - Rapid Express Car Wash
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