Lubbock, TX 79415

Mighty Wash Car Wash

Property Address

6212 19th Street, Lubbock, TX, USA

Offering Summary

  • Price: $3,764,000
  • Lot Size: 1.41 Acres
  • Cap Rate: 7.0%
  • Year Built: 2014
  • Building SF: 6,610
  • Status: In Escrow
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  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Annual Rent Increases
  • Corporate Guaranty by Mighty Wash, with 20 Locations and Counting Throughout Texas and New Mexico
  • 165,393 Residents within a Five-Mile Radius - Dense Lubbock Infill
  • Households and Population Projected to Increase 6 - 7% in the Immediate Area by 2028
  • Visible to 33,800 Cars per Day Along 19th Street
  • Located Immediately Off TX Loop 289, a Major Connector for the Lubbock Area
  • Close Proxmity to West End Center, Home to 350,000 SF of Retail and Restaurant Space - National Tenants Include Cabela’s, Costco, and Dave & Buster’s
  • One Mile West of Lubbock Christian University (1,600+ Students)

Broker Information