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 19, 2026
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 DallasFort Worth metroplex.
- LONG TERM LEASE - Over 10 years remaining on an original 25 year lease, providing an investor long term and stable investment. 5-year lease extensions,
- PROVEN LOCATION - Operating for almost 15 years, this location has many long-term customers translating info many years of successful operations.
- 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 64 Express Car Wash locations in Texas and California and the lease is guaranteed by all 64 locations. Additionally, Blue Wave and Clear Water Express Car Wash have merged creating a brand of over 90 total location.
Attachments
Getting around
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76/100
Walk Score ®
-
32/100
Transit Score ®
-
54/100
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
Prime Net Lease