CLEARWATER EXPRESS CAR WASH
20 Year Absolute Net Lease | #1 Texas Operator | Qualifies for Bonus Depreciation | 1.5% Annual increases | Internet Resistant and Recession-Proof Investment
1601 W Lincoln Ave, Harlingen (Rio Grande Valley), TX, 78550
Price: $5,557,539
Cap Rate:6.75%
NOI:$375,134
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Demographics
| POPULATION | 1-MILE | 3-MILES | 5-MILES |
| 2024 | 7,879 | 62,633 | 101,327 |
| 2029 | 8,071 | 64,349 | 103,874 |
| INCOME | 1-MILE | 3-MILES | 5-MILES |
| 2024 AVG | $56,928 | $71,011 | $74,824 |
ADDITIONAL SIMILAR INVESTMENT OPPORTUNITIES
BLUEWAVE EXPRESS CAR WASH
20 Year Absolute Net Lease | Qualifies for Bonus Depreciation | 1.5% Annual increases | Internet Resistant and Recession-Proof Investment
Houston, TX
Price: $5,516,049
Cap Rate: 6.25
Lease term: 20 years
7-ELEVEN / SPEEDWAY C-STORE & GAS
Absolute Net Lease | Qualifies for 100% Bonus Depreciation | Below Replacement Cost | Below Market Rental Rate | Investment Grade | Favorable Rental Increases Every 5 Years | Internet Resistant and Recession-Proof Investment
Carthage, NC
Price: $2,400,000
Cap Rate: 5
Lease term: 15 years
TRP LABORATORIES
Long Term Absolute Net Lease w/ 3.50% Annual Increases | Leader in Transportation Sciences | Within a Key Industrial and Manufacturing Hub | In Close Proximity to Major Freeways and Highways
Columbus (Outside Indianapolis), IN
Price: $4,860,145
Cap Rate: 7
Lease term: 18 years
BLUEWAVE EXPRESS CAR WASH
20 Year Absolute Net Lease | Qualifies for Bonus Depreciation | 1.5% Annual increases | Internet Resistant and Recession-Proof Investment
Alvin (Houston MSA), TX
Price: $3,253,563
Cap Rate: 6
Lease term: 20 years
BLUEWAVE EXPRESS CAR WASH
20 Year Absolute Net Lease | Qualifies for Bonus Depreciation | 1.5% Annual increases | Internet Resistant and Recession-Proof Investment
Rio Grande City, TX
Price: $6,290,335
Cap Rate: 6.85
Lease term: 20 years
MCDONALD'S
w/ Dual Drive Thru | 20 Year Absolute Net Ground Lease | Immediate Area Experiencing Major Growth | Across Target Anchored Retail Center | Densely Populated & Affluent Area | Prime Signalized Hard Corner Location
Houston, TX
Price: $2,625,000
Cap Rate: 4
Lease term: 20 years
POPEYES
w/ Drive Thru | 20 Year Absolute Net Lease | Brand New 2025 Construction | Affluent Area: $101k+ Avg. HHI | Immediate Area is Experiencing Significant Commercial Growth | Located Just Off Interstate-69
Splendora (Houston MSA), TX
Price: $2,900,000
Cap Rate: 5.35
Lease term: 20 years
CLEARWATER EXPRESS CAR WASH
20 Year Absolute Net Lease | Qualifies for Bonus Depreciation | 1.5% Annual increases | Internet Resistant and Recession-Proof Investment
Montgomery (Houston MSA), TX
Price: $4,432,864
Cap Rate: 6.25
Lease term: 20 years
BLUEWAVE EXPRESS CAR WASH
20 Year Absolute Net Lease | Qualifies for Bonus Depreciation | 1.5% Annual increases | Internet Resistant and Recession-Proof Investment
League City (Houston MSA), TX
Price: $3,714,533
Cap Rate: 6
Lease term: 20 years
SPROUTS ANCHORED SHOPPING CENTER
w/ Chick-fil-A Strip | 100% Occupied | High Quality Construction | Densely Populated and Affluent Area | Near Interstate 5 | Area Experiencing Major Growth
Redding, CA
Price: $30,900,000
Cap Rate: 6.13
CLEARWATER EXPRESS CAR WASH
20 Year Absolute Net Lease | Qualifies for Bonus Depreciation | 1.5% Annual increases | Internet Resistant and Recession-Proof Investment
Conroe (Houston MSA), TX
Price: $6,122,558
Cap Rate: 6.1
Lease term: 20 years
DBG CUSTOM METAL MANUFACTURING
14+ Year Absolute Net Lease | Below Market Rent ($2.35/SF) | Bonus Depreciation | 2% Annual Increases | 50+ Years of Experience in Custom Metal Manufacturing | Near University of Central Arkansas - One of the Largest Universities in the State
Conway (Little Rock MSA), AR
Price: $12,935,000
Cap Rate: 7.75
Lease term: 14 years
ADVANCE DERMATOLOGY
Recent Lease Extension | 3% Annual Rental Increases | Near Colorado State University: 35k+ Students | Densely Populated and Affluent Area | Minutes from Medical Center | Fort Collins is Consistently Ranked Among the Top U.S. Cities for Quality of Life
Fort Collins, CO
Price: $1,075,000
Cap Rate: 6.95
Lease term: 4 years
I-10 RETAIL STRIP CENTER
NNN Leases | Located @ The Rim: The Most Visited Shopping Center in Texas | Excellent Visibility from Interstate-10 | Densely Populated and Affluent Area | Epicenter of Activity
San Antonio, TX
Price: $6,810,000
Cap Rate: 6
CITGO C-STORE & GAS
(NASDAQ: ARKO) | Absolute Net Lease | Qualifies for Accelerated Depreciation | Leading U.S. Convenience Store Operator | Near I-64 | Densely Populated Area
Richmond, VA
Price: $1,121,143
Cap Rate: 7
Lease term: 6 years
HTEAO
w/ Dual Drive-Thru | 15 Year Absolute Net Lease | Growing & Popular QSR Brand | Largest Franchisee in the Chain | Strong Demographics | Brand New Construction | 1.5% Annual Rental Increases
Lawton (Oklahoma City MSA), OK
Price: $1,777,777
Cap Rate: 6.75
Lease term: 15 years
BLUEWAVE EXPRESS CAR WASH
20 Year Absolute Net Lease | Qualifies for Bonus Depreciation | 1.5% Annual increases | Internet Resistant and Recession-Proof Investment
Groves (Houston MSA), TX
Price: $5,189,639
Cap Rate: 6.1
Lease term: 20 years
CALIBER COLLISION CENTER
15 Year Absolute Net Lease | Brand New 2025 Construction | Minutes from Numerous Auto Dealerships & Auto Service Centers | Densely Populated & Affluent Area | Near 350-Acre Mixed-Use Development
Slidell (New Orleans MSA), LA
Price: $6,785,000
Cap Rate: 6
Lease term: 15 years
CLEARWATER EXPRESS CAR WASH
20 Year Absolute Net Lease | #1 Texas Operator | Qualifies for Bonus Depreciation | 1.5% Annual increases | Internet Resistant and Recession-Proof Investment
Willis (Houston MSA), TX
Price: $6,509,380
Cap Rate: 6.35
Lease term: 20 years
RUBY'S DINER
Prime Coastal Location | Absolute Net Ground Lease | 35+ Year Historical Occupancy | Long-Term Development Potential | Generational Opportunity Iconic Diner Along the Stunning Pacific Coast Highway in a Prime, High-Traffic Laguna Beach Destination
Laguna Beach (SoCal), CA
Price: $11,000,000
Cap Rate: 3.36
Lease term: 9 years
