512 N Belair Rd
Evans, GA 30809
3-Unit Tidal Wave Auto Spa · Property For Sale · 10,613 SF Total

This three-property Tidal Wave Auto Spa portfolio offers investors the opportunity to acquire a geographically diversified collection of net leased car wash assets located in Texas, Georgia, and Iowa. The portfolio is leased to Tidal Wave Auto Spa under long-term triple net lease structures, providing contractual rental income with limited landlord obligations and built-in annual rent growth. Combined current annual rent is approximately $996,707, supported by 2.00% annual rent escalations across all three locations.
The assets are strategically positioned within established retail corridors and growing trade areas. The Houston property benefits from visibility along Pearland Parkway near the Sam Houston Tollway and is surrounded by a population exceeding 243,000 residents within five miles. The Evans location is situated along North Belair Road near major national retailers, including The Home Depot, within an affluent suburban market where average household income exceeds $125,000 within five miles. The Coralville asset is positioned near expanding residential, retail, and medical development and benefits from its location adjacent to a Hy-Vee-anchored retail corridor.
Each property is subject to a 20-year NNN lease and is backed by a corporate guarantee from Tidal Wave Auto Spa, a rapidly expanding operator with more than 300 locations nationwide. The portfolio provides investors with long-term income stability, annual contractual rent growth, and exposure to a growing national brand within the express car wash sector. In addition, the assets are marketed as eligible for 100% bonus depreciation, creating a potential tax planning benefit for qualifying investors.