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83 N West State Rd
American Fork, UT 84003

$5,470,985 USD

Carwash For Sale  •  11,725 SF

Property Details

  • Property Type Carwash
  • Total Building Size 11,725 SF
  • Lot Size 1.14 AC
  • Building Class C
  • Year Built 2006
  • Cap Rate 6.50 %
  • Tenancy Single
36 Transit Score
68 Walk Score

Highlights

Absolute Triple Net Lease (Zero Landlord Responsibilities) and Corporate Guarantee From the Largest Car Wash Operator in the Country
Strong Corporate Guarantee From a Publicly Traded Company (NYSE: MCW), Mister Car Wash is the Largest Operator in the Country
$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
Cap Rate: 6.50 %

Public Transportation

Commuter RailDriveWalkDistance
American Fork Station (FrontRunner - Utah Transit Authority (UTA)) 4 min - 1.6 mi
Lehi Station (FrontRunner - Utah Transit Authority (UTA)) 11 min - 6.8 mi
AirportDriveWalkDistance
Provo Municipal 23 min - 16.5 mi
Salt Lake City International 41 min - 34.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Zachary Passman 843-931-9537 Sands Investment Group
Zachary Passman 843-931-9537 Sands Investment Group