Tommy's Car Wash | 20328 Temescal Canyon Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Tommy's Car Wash 20328 Temescal Canyon Rd
4,000 SF 100% Leased Retail Building Corona, CA 92881 For Sale
Investment Highlights
- GROWING COMPANY WITH OVER 215+ LOCATIONS THROUGHOUT THE USA | STRONG UNIT ECONOMICS | EXPERIENCED OPERATOR
- FEE SIMPLE INVESTMENT | ZERO LANDLORD RESPONSIBILITIES | BRAND NEW 30-YEAR LEASE
- INLAND EMPIRE MSA | CALIFORNIA INFILL MARKET | HIGH AVERAGE INCOMES
- MULTI UNIT FRANCHISEE | HIGH PERFORMING MARKET | GROWING TENANT
Executive Summary
GROWING COMPANY WITH OVER 215+ LOCATIONS THROUGHOUT THE USA | STRONG UNIT ECONOMICS | EXPERIENCED OPERATOR
Tommy’s Express Car Wash now has 215+ stores operating across the US and has commitments to continue opening new stores through expanding their franchise network.
Subject property is currently under construction and expected to open in Q2 of 2025.
Average Unit Volume (AUV’s) for Wienerschnitzel is currently over $3.00MM but locations with strong real estate tend to outperform. Expected sales at this location are north of $4.00M annually.
Average EBITDA margins for car washes are often above 30%, significantly higher than most other retail tenants as their cost of goods sold is extremely low and less employees per location are required.
INLAND EMPIRE MSA | CALIFORNIA INFILL MARKET | HIGH AVERAGE INCOMES
Corona is part of the larger Inland Empire which consists of San Bernardino County as well as Riverside County. Combined these two counties have a total population of over 4.6 million people.
Average household incomes exceed $178,000/annually in the 3-mile radius from the subject property.
New construction drive-thru properties are extremely difficult to construct and open in this market - tenant cannot easily move to another location and backfill opportunities are plenty.
FEE SIMPLE INVESTMENT | ZERO LANDLORD RESPONSIBILITIES | BRAND NEW 30-YEAR LEASE
Ground Lease Ownership - Tenant to Lease Land from Landlord.
Zero Landlord Responsibilities - Tenant to pay Taxes, Insurance, and Maintain the Property.
30-Year Original Lease Term Starting at Close of Escrow.
Attractive Rental Increases Over Full Lease Term.
MULTI UNIT FRANCHISEE | HIGH PERFORMING MARKET | GROWING TENANT
Experienced operator with over 5 locations and multiple concepts that they operate. Proceeds from sale will be reinvested into growth of further locations.
Franchisee intends to continue growing further Tommy’s Express Car Wash locations. Guarantee will grow over time.
Projected sales at this location place it in the top 5% of all Tommy’s Express Car Wash sites in the country.
Tommy’s Express Car Wash now has 215+ stores operating across the US and has commitments to continue opening new stores through expanding their franchise network.
Subject property is currently under construction and expected to open in Q2 of 2025.
Average Unit Volume (AUV’s) for Wienerschnitzel is currently over $3.00MM but locations with strong real estate tend to outperform. Expected sales at this location are north of $4.00M annually.
Average EBITDA margins for car washes are often above 30%, significantly higher than most other retail tenants as their cost of goods sold is extremely low and less employees per location are required.
INLAND EMPIRE MSA | CALIFORNIA INFILL MARKET | HIGH AVERAGE INCOMES
Corona is part of the larger Inland Empire which consists of San Bernardino County as well as Riverside County. Combined these two counties have a total population of over 4.6 million people.
Average household incomes exceed $178,000/annually in the 3-mile radius from the subject property.
New construction drive-thru properties are extremely difficult to construct and open in this market - tenant cannot easily move to another location and backfill opportunities are plenty.
FEE SIMPLE INVESTMENT | ZERO LANDLORD RESPONSIBILITIES | BRAND NEW 30-YEAR LEASE
Ground Lease Ownership - Tenant to Lease Land from Landlord.
Zero Landlord Responsibilities - Tenant to pay Taxes, Insurance, and Maintain the Property.
30-Year Original Lease Term Starting at Close of Escrow.
Attractive Rental Increases Over Full Lease Term.
MULTI UNIT FRANCHISEE | HIGH PERFORMING MARKET | GROWING TENANT
Experienced operator with over 5 locations and multiple concepts that they operate. Proceeds from sale will be reinvested into growth of further locations.
Franchisee intends to continue growing further Tommy’s Express Car Wash locations. Guarantee will grow over time.
Projected sales at this location place it in the top 5% of all Tommy’s Express Car Wash sites in the country.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale & Leaseback
Property Type
Retail
Building Size
4,000 SF
Year Built
2025
Construction Status
Under Construction
NOI
£315,600
Percent Leased
100%
Number of Floors
2
Building FAR
0.05
Land Acres
1.91 AC
Frontage
121 ft on Temescal Canyon Road
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 279-530-031 | Improvements Assessment | £0 |
| Land Assessment | £1,005,975 | Total Assessment | £1,005,975 |
PROPERTY TAXES
Parcel Number
279-530-031
Land Assessment
£1,005,975
Improvements Assessment
£0
Total Assessment
£1,005,975
-
Value Net Lease Partners Neil Naran -
Value Net Lease Partners Jan Niklas Cartus -
Scott Reid
- Value Net Lease Partners
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Value Net Lease Partners
Tommy's Car Wash | 20328 Temescal Canyon Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.