4101 Credit Union Dr - Sudzy Salmon Car Wash Portfolio 14,116 SF Specialty Building Offered at $55,755,000 at a 6.75% Cap Rate in Anchorage, AK 99503

Sudzy Salmon Car Wash is the leading express-tunnel car wash operator in Alaska and the only scaled platform serving the Anchorage metropolitan area—home to ~400,000 residents, representing 50% of the state’s population. The portfolio includes six newly built or recently remodeled express tunnels across Anchorage, Eagle River, Palmer, and Wasilla, with a seventh development ready site. Each property is positioned along major, high-traffic commuter corridors with daily counts ranging from ±12,900 to ±36,400 vehicles per day and benefits from Alaska’s optimal car-wash climate, characterized by heavy snowfall, freeze-thaw cycles, and year-round road grime that drives consistent wash demand. The portfolio will be offered under a single, long-term absolute NNN master lease, backed by Sudzy Salmon Car Wash Operations, LLC. The tenant exhibits strong financial performance, robust subscription-based recurring revenue, and proven wash volumes that significantly exceed typical market averages. Two locations include sub-leased Three Bears/Shell C-store and fuel pads, adding tenancy diversification and credit enhancement. This portfolio represents a rare opportunity to acquire best-in-class express wash assets in a high-barrier-to-entry market with exceptional long-term growth potential.
BOR: Kristen Zimmerman AK #168937