Club Car Wash
$5,383,624
9124 N Council Rd, Oklahoma City, OK 73132
5.85
Cap Rate
314,942
NOI
Details:
Highlights:
- BONUS DEPRECIATION - Property may qualify for accelerated depreciation through a cost segregation study. Consulting your Accountant or Tax Attorney is advised.
- 19+ YEARS REMAINING ON ABSOLUTE NNN LEASE - Sale-leaseback featuring zero landlord responsibilities, four 5-year renewal options, and 2% annual rent increases throughout the primary term and options.
- CORPORATE GUARANTEE BY CLUB CAR WASH - Lease backed by Club Car Wash, a rapidly expanding car wash operator with 235+ locations across 13 states.
- PRIVATE EQUITY BACKED TENANT - Club Car Wash is backed by Wildcat Capital Management, a multi-billion-dollar investment firm, supporting the tenant's continued acquisition and greenfield expansion strategy.
- STRONG & GROWING NATIONAL BRAND - Club Car Wash continues to expand throughout the Midwest, Texas, and Colorado and is the Official Car Wash of the Kansas City Chiefs, with Chiefs tight end Travis Kelce serving as a co-owner.
- EXCELLENT UNIT-LEVEL PERFORMANCE - Strong-performing existing location with minimal direct competition within a 3-mile radius, supporting long-term operating viability.
- HIGH-TRAFFIC RETAIL LOCATION - Recently constructed property positioned off a 52,000+ VPD intersection, providing excellent visibility and consistent daily traffic.
- DOMINANT RETAIL CORRIDOR - Pad to Walmart Supercenter and Kohl's, adjacent to Walgreens, Wendy's, and Office Depot, and approximately one minute from Sam's Club, Home Depot, Target, and other national retailers.
- STRONG DEMOGRAPHICS - More than 162,000 residents within 5 miles with average household incomes exceeding $102,000, providing an attractive customer base.
- STRATEGIC OKLAHOMA CITY MSA LOCATION - Located within Oklahoma's largest metropolitan area with approximately 1.5 million residents and just 19 minutes from Will Rogers International Airport, which served approximately 4.6 million passengers in 2024.
Description:
Introducing a prime investment opportunity in the heart of Oklahoma City, OK. This newly built 7,840 SF retail/free-standing building, comprising 20 units, is an attractive prospect for discerning investors. Boasting modern construction completed in 2022 and situated within a PUD zoning, this property offers a desirable blend of versatility and potential. Its strategic location and expansive space make it an ideal choice for retail businesses looking to establish a prominent presence in this vibrant area. With its impressive specifications and prime positioning, this property presents a compelling opportunity for the discerning investor seeking a strong foothold in the Oklahoma City commercial real estate market.
Oklahoma City, OK - A Growing State Capital with a Diverse and Resilient Economy
Location & Regional Connectivity
Oklahoma City is strategically positioned in central Oklahoma at the intersection of I-35, I-40, and I-44, providing direct access to major markets throughout the central and southern United States. As both the state capital and Oklahoma’s largest city, OKC serves as the state’s primary center for government, business, healthcare, and commerce. Its central location and extensive highway network make the market particularly attractive for distribution, logistics, retail, and regional operations.
Community & Demographics
Oklahoma City has an estimated 2025 population of approximately 720,000, representing growth of nearly 6% since 2020. The broader metropolitan area is home to approximately 1.6 million residents, providing businesses with a substantial workforce and consumer base. Continued residential expansion throughout the metro has helped establish OKC as one of the region's most prominent growth markets.
Economic Drivers & Employment
Oklahoma City's economy has evolved beyond its traditional energy and agricultural roots into a diverse employment base encompassing aerospace and defense, healthcare, bioscience, technology, government, and financial services. Major economic anchors include Tinker Air Force Base, state government, major healthcare systems, and numerous corporate headquarters. The region's aerospace sector alone includes hundreds of firms, while healthcare and bioscience continue to generate significant employment and investment.
Commercial Growth & Investment
OKC continues to experience substantial public and private investment, including downtown redevelopment, infrastructure improvements, entertainment projects, and expansion of the city's Innovation District. The city's economic development strategy has emphasized job creation, commercial redevelopment, and diversification, helping support continued demand for retail, industrial, office, and service-oriented real estate.
Quality of Life & Regional Appeal
Oklahoma City combines the amenities of a major metropolitan area with a comparatively accessible cost structure. The city offers professional sports, entertainment districts, higher education, healthcare, parks, and cultural attractions, while continued public investment has transformed many of its downtown and surrounding districts. These amenities, combined with employment growth and population expansion, continue to enhance the city's appeal to businesses and residents.
Documents:
| Title | ||
|---|---|---|
| OM_-_Club_Car_Wash_-_Oklahoma_City__OK.pdf |
Location
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