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6559 E Northwest Hwy - Super Star Car Wash Absolute NNN Lease 6,440 SF Specialty Building Offered at $5,214,815 at a 6.75% Cap Rate in Dallas, TX 75231
INVESTMENT HIGHLIGHTS
- 10% Increases in Rent Every 5 Years - Next Increases June 1, 2028
- Prime Dallas Location: Positioned in a high-traffic area of Dallas, TX, ensuring strong visibility and accessibility.
- Triple-Net Lease-Zero Landlord Obligations
- Strong Store Sales - Tenant has Over 100 Locations
- Long-Term Lease: The property benefits from a long-term lease with Super Star Car Wash in place until May 31, 2048
- High Cap Rate: At 6.75%, the property offers an attractive return on investment for potential buyers, driven by the stability of the tenant
EXECUTIVE SUMMARY
The Kase Group is pleased to present this exceptional investment opportunity for a single-tenant retail property located at 6559 East Northwest Highway, Dallas, TX. The property is fully leased to Super Star Car Wash, a highly successful tenant with over 100 locations and a proven track record of strong sales, making it an attractive, income-producing asset.
This Triple-Net (NNN) leased property offers a long-term lease with a stable, 10% rent increase every 5 Years and Three, 5 Year options to renew, ensuring consistent and reliable cash |ow over the next two decades. The next increase is scheduled for June 1, 2028. The lease is set to expire on May 31, 2048, providing a secure, long-term investment horizon for the purchaser.
The property spans 3,886 square feet on a 1.40-acre lot, situated in a prime, high-traffic area of Dallas, Texas. The location is well positioned for both visibility and access, benefiting from significant daily traffic flow. Super Star Car Wash has proven its business stability with annual sales of $1,488,956, further solidifying the property’s attractiveness as a secure investment.
With an asking price of $5,214,815 the property offers an attractive cap rate of 6.75%, providing investors with a high return relative to the market. Additionally, the Triple-Net lease structure calls for zero landlord obligations.
This Triple-Net (NNN) leased property offers a long-term lease with a stable, 10% rent increase every 5 Years and Three, 5 Year options to renew, ensuring consistent and reliable cash |ow over the next two decades. The next increase is scheduled for June 1, 2028. The lease is set to expire on May 31, 2048, providing a secure, long-term investment horizon for the purchaser.
The property spans 3,886 square feet on a 1.40-acre lot, situated in a prime, high-traffic area of Dallas, Texas. The location is well positioned for both visibility and access, benefiting from significant daily traffic flow. Super Star Car Wash has proven its business stability with annual sales of $1,488,956, further solidifying the property’s attractiveness as a secure investment.
With an asking price of $5,214,815 the property offers an attractive cap rate of 6.75%, providing investors with a high return relative to the market. Additionally, the Triple-Net lease structure calls for zero landlord obligations.
PROPERTY FACTS
| Price | $5,214,815 | Building Class | C |
| Price Per SF | $809.75 | Lot Size | 1.08 AC |
| Sale Type | Investment | Building Size | 6,440 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1970 |
| Property Subtype | Car Wash | ||
| Zoning | Z59 | ||
| Price | $5,214,815 |
| Price Per SF | $809.75 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.08 AC |
| Building Size | 6,440 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | Z59 |
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Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 00000398461000000 | Improvements Assessment | $1,231,650 |
| Land Assessment | $468,350 | Total Assessment | $1,700,000 |
PROPERTY TAXES
Parcel Number
00000398461000000
Land Assessment
$468,350
Improvements Assessment
$1,231,650
Total Assessment
$1,700,000
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