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6313 S Broadway Ave 3,324 SF Specialty Building Offered at $4,040,040 at a 7.15% Cap Rate in Tyler, TX 75703
INVESTMENT HIGHLIGHTS
- 15+ years remaining on a 20-year Absolute NNN lease
- Corporate & personal guarantees
- Zero landlord responsibilities
- Located at a high-traffic intersection (59,485+ VPD)
EXECUTIVE SUMMARY
Property qualifies for 100% bonus depreciation...
AiCRE Partners, as exclusive investment sales advisor to seller, is pleased to offer the opportunity to acquire the fee simple interest of Gleaux Car Wash in Tyler, TX.
The subject property features a 3,324 SF car wash facility on a 1.01 AC lot. Positioned at the signalized intersection of S Broadway Ave & Grande Blvd, a lighted intersection with two Broadway curb cuts and four total access points— maximum visibility and vehicle ingress/egress. There are over 41,600 VPD on S. Broadway and the site is surrounded by national retailers like Walmart, Best Buy, Marshall’s, Petsmart, Target, Chick-Fil-A, Starbucks, Lowe’s, and Home Depot—this sustains high customer volume for the tenant. The lease has just over 15 years remaining with 1.5% annual increases and an absolute net structure featuring zero landlord responsibilities; perfect for out of state investors. The lease is backed by both a corporate and HNW personal guarantee from the founder providing extra security.
Gleaux Car Wash is a fast-growing, veteran-owned express car wash brand based in Tyler, Texas. Since its founding in 2019, the company has rapidly expanded its local footprint to five locations across the Tyler market. Gleaux’s customer-centric model blends high-quality automated wash services with bright, inviting site design and strong brand personality—positioning it as a leader in the East Texas car wash segment.
AiCRE Partners, as exclusive investment sales advisor to seller, is pleased to offer the opportunity to acquire the fee simple interest of Gleaux Car Wash in Tyler, TX.
The subject property features a 3,324 SF car wash facility on a 1.01 AC lot. Positioned at the signalized intersection of S Broadway Ave & Grande Blvd, a lighted intersection with two Broadway curb cuts and four total access points— maximum visibility and vehicle ingress/egress. There are over 41,600 VPD on S. Broadway and the site is surrounded by national retailers like Walmart, Best Buy, Marshall’s, Petsmart, Target, Chick-Fil-A, Starbucks, Lowe’s, and Home Depot—this sustains high customer volume for the tenant. The lease has just over 15 years remaining with 1.5% annual increases and an absolute net structure featuring zero landlord responsibilities; perfect for out of state investors. The lease is backed by both a corporate and HNW personal guarantee from the founder providing extra security.
Gleaux Car Wash is a fast-growing, veteran-owned express car wash brand based in Tyler, Texas. Since its founding in 2019, the company has rapidly expanded its local footprint to five locations across the Tyler market. Gleaux’s customer-centric model blends high-quality automated wash services with bright, inviting site design and strong brand personality—positioning it as a leader in the East Texas car wash segment.
PROPERTY FACTS
| Price | $4,040,040 | Building Class | C |
| Price Per SF | $1,215.42 | Lot Size | 1.01 AC |
| Sale Type | Investment | Building Size | 3,324 SF |
| Cap Rate | 7.15% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2020 |
| Property Subtype | Car Wash | ||
| Zoning | C-2 | ||
| Price | $4,040,040 |
| Price Per SF | $1,215.42 |
| Sale Type | Investment |
| Cap Rate | 7.15% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 3,324 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Zoning | C-2 |
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PROPERTY TAXES
| Parcel Number | 1-50000-1434-00-063000 | Improvements Assessment | $687,105 |
| Land Assessment | $615,944 | Total Assessment | $1,303,049 |
PROPERTY TAXES
Parcel Number
1-50000-1434-00-063000
Land Assessment
$615,944
Improvements Assessment
$687,105
Total Assessment
$1,303,049
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6313 S Broadway Ave
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