Mister Car Wash

Investment Overview

Prime Net Lease is pleased to offer this 2022-built, single-tenant Mister Car Wash located in Sahuarita, Arizona. The property features a corporate-guaranteed Absolute NNN lease with zero landlord responsibilities, approximately 16.5 years remaining on the initial term, and 1.25% annual rent increases. The 5,000-square-foot facility sits on approximately 1.50 acres at a signalized hard-corner location near I-19. Mister Car Wash (NYSE: MCW) is headquartered in Tucson, Arizona, placing this location approximately 20 minutes from the company’s corporate home market and effectively in its own backyard. The property also benefits from strong surrounding residential growth, approximately 30,000 vehicles per day at the intersection, and no direct car wash competition within a three-mile radius.

Investment Highlights

• Mister Corporate Guarantee - Publicly Traded Company (NYSE: MCW)
• 16+ Years remaining on an absolute NNN lease
• Located just 20 miles away from Misters Corporate office, making this site in their "Backyard"
• 1.25% Annual Increases throughout the base term and in option periods
• 20 Minutes away from Tucson AZ, 3rd largest MSA in the Southwest
• Good Population Growth
• Solid Traffic Counts - Signalized, Hard Corner with 28,000 VPD