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Lead Agents

Dave Lucas

(925) 744-5217

dave@monarchcommercial.com

CA DRE# 01389761

NV RED# 10011411

Scott Reid

(949) 942-6585

scott@parasellinc.com

TX Lic #9009637

Pasadena, TX

Recently Closed: Quick Quack Car Wash

Price:

$3,000,000

Cap Rate:

5.75%

NOI:

$172,500

Built:

2025

Building Size (SF):

2025

Lot Size (Acres):

0.87

This new construction 20-year, absolute NNN corporate ground lease has four 5-year options and boasts 10% increases every 5 years, through the primary term and options. The population within a 5-mile radius of the subject property exceeds 278K, with an additional daytime population of 96K employees.

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