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309 E Crossroads Blvd
Saratoga Springs, UT 84045
Tommy's Express Car Wash - Saratoga Springs · Specialty Property For Sale
·
5,189 SF
Executive Summary
• Single-Tenant Tommy’s Express Car Wash:
° Private equity backed, rapidly growing franchisee
° Absolute NNN Lease, zero landlord responsibilities
° 20-year lease term with four, 5-year options
° 2.00% annual increases for the first four years
• About Tommy’s Express:
° 260 locations with 60+ coming soon
° #7 largest express car wash platform in the Nation
° 50+ years in the car washbusiness
° #1 car wash on Franchise 500’s List
• Franchisee expanding rapidly in Houston & Salt-Lake City
• Bonus Depreciation: Property qualifies for 100% bonus depreciation on carwash
improvements (contact for more info)
° “Big Beautiful Bill” includes the reset of bonus depreciation to 100% for 2025 and beyond
° Private equity backed, rapidly growing franchisee
° Absolute NNN Lease, zero landlord responsibilities
° 20-year lease term with four, 5-year options
° 2.00% annual increases for the first four years
• About Tommy’s Express:
° 260 locations with 60+ coming soon
° #7 largest express car wash platform in the Nation
° 50+ years in the car washbusiness
° #1 car wash on Franchise 500’s List
• Franchisee expanding rapidly in Houston & Salt-Lake City
• Bonus Depreciation: Property qualifies for 100% bonus depreciation on carwash
improvements (contact for more info)
° “Big Beautiful Bill” includes the reset of bonus depreciation to 100% for 2025 and beyond
Property Facts
| Sale Type | Investment NNN | Building Class | B |
| Cap Rate | 8% | Building Size | 5,189 SF |
| Sale Condition | Build to Suit | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Property Subtype |
| Sale Type | Investment NNN |
| Cap Rate | 8% |
| Sale Condition | Build to Suit |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | B |
| Building Size | 5,189 SF |
| No. Stories | 1 |
| Year Built | 2025 |
Amenities
- Signage
Property Taxes
| Parcel Number | 66-919-0004 | Improvements Assessment | $1,132,300 |
| Land Assessment | $1,329,300 | Total Assessment | $2,461,600 |
Property Taxes
Parcel Number
66-919-0004
Land Assessment
$1,329,300
Improvements Assessment
$1,132,300
Total Assessment
$2,461,600
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