22102401-9.jpg
Dominguez Car Wash & Detail (Carson, CA)
20651 Avalon Blvd, Carson, CA 90746
Listing Cover Dominguez no writing on bottom.JPG
Property Summary
  • Price: $12,080,333
  • CAP Rate: 6.00% 
  • Leasable Area: 4,383 SF
  • Status: Available
  • Lease Type: Absolute Triple Net (NNN)
  • Lease Term Remaining: Approx. 25 Years 
  • Guarantee: Corporate (Capital Wash Holding Corp)
  • NOI: $725,000 / Year
Investment Highlights
  • Dominguez Car Wash & Detail has been in business in the Carson Community ever since 1990

  • Bonus Depreciation are available until 12/31/22 to advantage for higher cash on cash return (***Broker for more Details)

  • The car wash and auto dealing market is expected to be worth an estimated $13.7 billion in the US in 2022, employing 198,000 staff in 57,400 businesses

  • Brand new 25 Years Corporate Lease backed against a 4-unit operator with goals to grow to 10 by End 2023

  • Ownership in Building + Land allows the landlord to receive additional taxable depreciation

  • The Lease Features an Attractive Increase Rental Structure of 1.5% Increases Every Year with Five, Five Year Options 

  • Great Visibility & Access Right Off I-405 & Avalon Blvd adjacent South Bay Pavilion Shopping Mall 

  • Dominguez Car Wash is only 2 miles away from 3 major attractions in Carson: Dignity Sports Health Park, The Goodyear Blimp and The Porsche Experience Test Track

  • Nearest intersection is Avalon Blvd and Carson Plaza Drive has more than a combined 60,000 VPD 

  • Subject Property is Adjacent a Large Shopping Mall and many national retailers such as; Cinemark Theaters, JCPenney, Ross, Burlington, Target, Old Navy, Aldi, Olive Garden, CVS, Pep boys, Panda Express, Denny's, Olive Garden, Five Guys, Panera Bread, Verizon, Chuck E Cheese, Chase, Tony Roma’s, Just Tires, Wing Stop and many more

2_edited.jpg

Neil Naran

Phone:  (909) 456-3476

Mobile: (949) 842-9202

Email: Neil.Naran@Marcusmillichap.com

Lic. # 02025512

See Our

Deals  & Reports First

The Naran Group of Marcus & Millichap is a net lease investment group. Marcus & Millichap is the most dominant brokerage group in the country with more than 80+ offices and nearly 2,000 agents throughout the US and Canada. Marcus & Millichap currently closes more transactions than any other firm.