New 20 Year Absolute NNN Ground Lease

The Snyder-Carlton Team is pleased to offer investors the rare opportunity to acquire a newly developed, single-tenant absolute NNN corporate guaranteed Quick Quack Car Wash in North San Diego County. Quick Quack operates over 330 express car wash locations and is the fourth largest car wash brand in the nation. With a new 20-year corporate fee simple ground lease and 10% rent increases every 5 years, this asset is ideal for a passive investor seeking inflation-resistant cash flows.

The newly developed state of the art car wash is positioned as a hard corner parcel to a freestanding Target at the signalized intersection of Poinsettia Avenue and Business Park Drive just off Palomar Airport Road (+/- 44,500 ADT). The property is centrally located between Carlsbad, Vista, and San Marcos and adjacent to the upscale Bressi Ranch, Aviara, and Lake San Marcos neighborhoods. The property sits within the Vista / Carlsbad Industrial Corridor, which has over 50 million square feet of industrial and office space. Nearby retailers include The Home Depot, Target, Amazon, Tesla, Sprouts, Trader Joe’s, 7-Eleven, Starbucks, Dutch Bros Coffee, Jack in the Box, Taco Bell, and more. The dense upscale trade area has a population over 241,600 with an average household income of approximately $169,300 within a 5-mile radius.