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Absolute NNN Car Wash Portfolio 6 Specialty Properties Offered at $8,475,000 in Multiple Locations



Investment Highlights
- Six high-performing car wash sites under 15-year NNN leases with corporate guarantor.
- Properties feature a premium mix of self-service and automated wash bays for diversified revenue.
- Portfolio positioned across Louisville MSA and Southern Indiana growth corridors.
Executive Summary
This rare six-property car wash sale-leaseback portfolio presents a compelling investment opportunity within one of the most active and resilient automotive service sectors in recent years. Anchored by a tenant with consistent year-over-year revenue growth, the portfolio reflects strong operational performance and sustained consumer demand.
Strategically positioned throughout high-demand, mature submarkets within the Louisville MSA, the offering includes fee simple ownership of six well-maintained locations, providing both stability and long-term upside potential. The assets have been owned and professionally managed by experienced operators, resulting in properties that have been meticulously maintained, upgraded, and modernized over time.
Each location features a combination of self-service and automatic wash bays, creating diversified revenue streams and operational flexibility. The car wash industry has continued to demonstrate resilience across economic cycles, supported by recurring customer demand and the affordability of the service.
This offering provides investors with a truly passive ownership opportunity through a sale-leaseback structure with an established and high-performing operator, delivering predictable long-term cash flow and an attractive cap rate.
Strategically positioned throughout high-demand, mature submarkets within the Louisville MSA, the offering includes fee simple ownership of six well-maintained locations, providing both stability and long-term upside potential. The assets have been owned and professionally managed by experienced operators, resulting in properties that have been meticulously maintained, upgraded, and modernized over time.
Each location features a combination of self-service and automatic wash bays, creating diversified revenue streams and operational flexibility. The car wash industry has continued to demonstrate resilience across economic cycles, supported by recurring customer demand and the affordability of the service.
This offering provides investors with a truly passive ownership opportunity through a sale-leaseback structure with an established and high-performing operator, delivering predictable long-term cash flow and an attractive cap rate.
Property Facts
| Price | $8,475,000 | Number of Properties | 6 |
| Price / SF | $141.88 / SF | Individually For Sale | 0 |
| Sale Type | Investment NNN | Total Building Size | 59,735 SF |
| Status | Active | Total Land Area | 3.08 AC |
| Price | $8,475,000 |
| Price / SF | $141.88 / SF |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 59,735 SF |
| Total Land Area | 3.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4207 Charlestown Rd, New Albany, IN 47150 | Specialty | 3,709 SF | 2004 | - |
| 7610 In-311 Hwy, Sellersburg, IN 47172 | Specialty | 3,898 SF | 1997 | - |
| 3028 Poplar Level Rd, Louisville, KY 40217 | Specialty | 4,006 SF | 1998 | - |
| 2911 Hikes Ln, Louisville, KY 40218 | Specialty | 3,509 SF | 2007 | - |
|
T's Car Wash
6500 Greenwood Dr, Louisville, KY 40258 |
Specialty | 3,231 SF | 2015 | - |
| 1888 Midland Trl, Shelbyville, KY 40065 | Specialty | 41,382 SF | 2000 | - |
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Absolute NNN Car Wash Portfolio
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