14036 Culebra Rd - Tommy's Express Car Wash
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14036 Culebra Rd - Tommy's Express Car Wash
4,533 SF Speciality Building Offered at £1,566,600 at a 6% Net Initial Yield in San Antonio, TX 78253
Investment Highlights
- New 20-year absolute NNN ground lease to Tommy’s Express Car Wash
- Scheduled 10% rental increases every five (5) years in initial term and option periods, providing a stable, long-term passive investment opportunity
- Tommy’s Express Car Wash has more than 400 locations in development
- No landlord management, ideal for local or out-of-area investors
- Four (4) option periods of five (5) years each
- Prominently located near the signalized intersection of Culebra Road and Talley Road, with visibility and access to more than 62,000 vehicles per day
Executive Summary
Adjacent to a multi-use development including the Kallison Ranch residential community development as well as numerous top national retailers such as McDonald’s, AutoZone, Circle K, Dunkin Donuts, Papa John’s Pizza, Public Storage, 7 Brew Coffee, and many others
The property sits at the signalized intersection of Culebra Road and Talley Road, which sees over 61K combined vehicles per day
Within walking distance of John M. Harlan High School (3,600 students), further adding to the location’s visibility and traffic access
In addition to the property’s prime location along high traffic motorways, the surrounding area experiences high income with the average annual household income exceeding $136,200 within one mile of the subject property
The property is in the vicinity of three schools: John M. Harlan High School, Strauss Middle School, and Henderson Elementary, gaining traffic from students, faculty, and staff as well as student families
Tommy’s Express Car Wash is also positioned only 12 miles away from Lackland Air Force Base, which houses over 46,577 servicemen, their families, and staff
The property is located in a quickly growing area of San Antonio, the second-largest city in Texas and one of the most visited cities in Texas with over 34 million visitors annually
The property sits at the signalized intersection of Culebra Road and Talley Road, which sees over 61K combined vehicles per day
Within walking distance of John M. Harlan High School (3,600 students), further adding to the location’s visibility and traffic access
In addition to the property’s prime location along high traffic motorways, the surrounding area experiences high income with the average annual household income exceeding $136,200 within one mile of the subject property
The property is in the vicinity of three schools: John M. Harlan High School, Strauss Middle School, and Henderson Elementary, gaining traffic from students, faculty, and staff as well as student families
Tommy’s Express Car Wash is also positioned only 12 miles away from Lackland Air Force Base, which houses over 46,577 servicemen, their families, and staff
The property is located in a quickly growing area of San Antonio, the second-largest city in Texas and one of the most visited cities in Texas with over 34 million visitors annually
Property Facts
| Price | £1,566,600 | Property Subtype | Car Wash |
| Price Per SF | £346 | Building Class | B |
| Sale Type | Investment NNN | Lot Size | 1.20 AC |
| Net Initial Yield | 6% | Building Size | 4,533 SF |
| Sale Conditions | 1031 Exchange | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2023 |
| Price | £1,566,600 |
| Price Per SF | £346 |
| Sale Type | Investment NNN |
| Net Initial Yield | 6% |
| Sale Conditions | 1031 Exchange |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.20 AC |
| Building Size | 4,533 SF |
| Number of Floors | 1 |
| Year Built | 2023 |
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PROPERTY TAXES
| Parcel Number | 04451-315-1150 | Improvements Assessment | £0 |
| Land Assessment | £757,945 | Total Assessment | £757,945 |
PROPERTY TAXES
Parcel Number
04451-315-1150
Land Assessment
£757,945
Improvements Assessment
£0
Total Assessment
£757,945
Contacts
-
Michael Yuras -
Scott Crowle -
Jack Hinson -
Vincent Aicale -
Ryan Forsyth -
Cushman & Wakefield
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14036 Culebra Rd - Tommy's Express Car Wash
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