Contacts

Prime Net Lease
Property Details
- Property Type Retail - Freestanding
- Property Size 5,187 SF
- Lot Size 0.95 Acre
- Property Tenancy Single Tenant
- Year Built 2007
- Date Updated Sep 16, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- ABSOLUTE NNN LEASE - With the current lease in place, there are no Landlord responsibilities, providing an investor a steady return free from management hassles.
- BONUS DEPRECIATION - Fee simple ownership of a Car Wash provides the landlord the opportunity to use accelerated Bonus depreciation model. Consulting your Accountant or Tax Attorney is advised.
- HOUSTON MSA - The Greater Houston metropolitan area, is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after the Dallas–Fort Worth metroplex.
- LONG TERM LEASE - Over 11.5 years remaining on an original 25 year lease, providing an investor long term and stable investment. In addition, there are Six, 5-year lease extensions, potentially keeping the tenant at this site for the next 45 years.
- PROVEN LOCATION - The site has been operational for over 10 years providing insight on future operations and profitability.
- RENTAL INCREASES - There are 10% rental increases every 5 years in the base term and all extensions providing an investor hedge against inflation.
- STRONG FRANCHISEE/GUARANTOR - Blue Wave Operates 41 Express Car Wash locations in Texas and California and the lease is guaranteed by all 41 locations.
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Houston, TX
- Neighborhood Eldridge - West Oaks
- Zip Code 77077
- Market Houston
Points of Interest
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Chevron
0.14 miles
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Shell
0.48 miles
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Now & Forever
1.19 miles
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Citgo
1.25 miles
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Phillips 66
1.66 miles
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Exxon
1.97 miles
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Valero
2.21 miles
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Blink
3.63 miles
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Tesla Supercharger
5.32 miles
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Siemens
6.42 miles
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Addicks Park and Ride
2.52 miles
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Shell Woodcreek Garage 1
2.82 miles
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Mission Bend Transit Center
2.89 miles
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Barker-Cypress Road Park & Pool
4.44 miles
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Westchase Park and Ride
4.49 miles
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Schlumberger Parking Garage
4.83 miles
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Memorial City Plaza Parking Garage
5.20 miles
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Memorial City Mall Overflow Parking
5.36 miles
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Gessner Park and Ride
5.68 miles
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Village Towers Parking Garage
6.04 miles
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Smash Burger
0.09 miles
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Jack in the Box
0.11 miles
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Russo's New York Pizzeria & Italian Kitchen
0.19 miles
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Salata
0.22 miles
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Pho Basil Vietnamese Restaurant
0.24 miles
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Matsu Sushi Bar
0.24 miles
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Chick-fil-A
0.25 miles
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Teriyaki Madness
0.25 miles
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Tropical Smoothie Cafe
0.27 miles
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Iyara Thai Cuisine
0.28 miles
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Kroger
0.36 miles
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Box Agency
0.90 miles
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Vishala Grocery
1.00 miles
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Burlington
1.27 miles
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Target
1.38 miles
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Randalls
1.70 miles
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The Outlet
1.82 miles
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West Oaks Mall
1.98 miles
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Dillard's
2.04 miles
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Walmart Supercenter
2.44 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Prime Net Lease