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512 K Ave - Raceway Car Wash 4,205 SF Specialty Building Offered at $6,762,600 at a 6% Cap Rate in Plano, TX 75074

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INVESTMENT HIGHLIGHTS

  • Exceptional location
  • Explosive market growth
  • Thriving regional economy
  • Long-term passive income
  • Strong daytime population
  • Tax advantage

EXECUTIVE SUMMARY

Corporate Raceway Car Wash, in the heart of Plano, Texas—one of the fastest-growing and most affluent submarkets in the Dallas-Fort Worth Metroplex. This absolute NNN lease offers zero landlord responsibilities, an 18-year corporate guarantee backed by Raceway Car Wash, and 2% annual rent increases for built-in income growth. Located just one block from U.S. Highway 75 (244,000 CPD), the property enjoys exceptional visibility and accessibility in a trade area that has more than doubled in both population and households within a one-mile radius over the past decade. Supported by over 168,000 employees within five miles and anchored by major corporate headquarters, this investment combines long-term stability, prime real estate fundamentals, and a strong national brand tenant.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $6,762,600
Price Per SF $1,608.23
Sale Type Investment or Owner User
Cap Rate 6%
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.81 AC
Building Size 4,205 SF
No. Stories 1
Year Built 2023
Zoning LI-1 - Commercial

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-3446-001-004R-1
Land Assessment
$1,131,445
Improvements Assessment
$2,775,084
Total Assessment
$3,906,529
  • Listing ID: 37541177

  • Date on Market: 9/4/2025

  • Last Updated:

  • Address: 512 K Ave, Plano, TX 75074

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