Mister Car Wash Absolute NNN

Mister Car Wash | American Fork, UT


Sands Investment Group is Pleased to Present Exclusively For Sale the 11,725 SF Mister Car Wash Absolute NNN Asset Located at 83 NW State Road in American Fork, UT. This Deal Includes the Absolute Triple Net Lease (Zero Landlord Responsibilities) and Corporate Guarantee From the Largest Car Wash Operator in the Country That Has Been in Business Since 1969, Providing For a Unique Investment.

  • Absolute Triple Net Lease (Zero Landlord Responsibilities) and Corporate Guarantee From the Largest Car Wash Operator in the Country That Has Been in Business Since 1969
  • Strong Corporate Guarantee From a Publicly Traded Company (NYSE: MCW), Mister Car Wash is the Largest Operator in the Country With 475+Locations Operating in 21 States
  • $927MM in Net Revenue in 2023 From Its Growing Operations and Customer Base
  • The Unlimited Wash Club Membership (UWC) Has Grown to 2.1M Nationwide Making Up ~71% Of Mister Car Wash’s Total Sales
  • Across All Locations in 2023, Mister Car Wash Performed +90MM Washes Contributing to an Adjusted EBITDA of +$286MM
  • The Subject Property Sits Close to the Exit of Interstate 15, Which Sees North of 197,00 Vehicles Per Day
  • Excellent Egress/Ingress: No Curb Allowing Both North & Southbound Traffic to Access the Property; Additional Point of Entry Via the Surrounding Shopping Center
  • Dense Infill Location With Strong Demographics Featuring a Populous of 164,00 Within a Five Mile Radius and Growth of 2.3% in the Last 13 Years
  • Strong Retail Synergy: Located Around Popular National Tenants Such as Target, In-N-Out Burger, Chick-fil-A, Zaxby’s, Olive Garden, Sunbelt Rentals, Mattress Firm, T-Mobile and More
  • Eligible For Bonus Depreciation: This Property Qualifies For Bonus Depreciation – Please Consult With Your Accountant

In Cooperation With Sands Investment Group Utah, LLC – Lic. #11325487-CN00 BoR: Tyler Ellinger – Lic. UT #8219031-SA00

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