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Hanley Investment Group arranges $2.04 million sale of Quick Quack Car Wash in Yucca Valley, California

Oct 21, 2024•over 1 year ago

Contract Type

contract

RosevilleAutomotive

Description

Hanley Investment Group Real Estate Advisors arranged the sale of a new construction Quick Quack Car Wash in Yucca Valley, California, for $2.04 million. The 3,596-square-foot car wash is located on a pad within a Stater Bros-anchored shopping center, and it was the first Quick Quack to sell in the U.S. in 2024. The property features a new 20-year absolute triple-net ground lease with 10% increases every five years at a low, long-term sustainable annual rent.

Company Information

Company

Quick Quack Car Wash

Location

Roseville, California, United States

About

Quick Quack Car Wash is “Fast. Clean. Loved... Everywhere.” Quick Quack has over 230 locations in California, Texas, Arizona, Utah, and Colorado and is regularly recognized for its community-building efforts as well as its environmentally friendly business practices. Quick Quack celebrates a company culture of “Smart, Kind, and Driven” with leaders, team members, and community partners working together to ensure that customers “Don’t Drive Dirty!”.

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