Highland, CA - Quick Quack Car Wash

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, new construction, corporate guaranteed, Quick Quack Car Wash investment property located in Highland, California (San Bernardino MSA). The tenant, Quick Quack Car Wash Holdings, LLC, recently signed a brand new 20 year lease with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. With over 280 locations throughout the United States, Quick Quack Car Wash stands as one of the largest and fastest-growing car wash chains in the country.

The subject property is strategically positioned along Greenspot Road (16,300 VPD) with direct access off State Highway 210 (98,000 VPD), a key commuter highway connecting the Inland Empire to San Bernardino and Los Angeles County. The site benefits from excellent visibility near the signalized intersection of Greenspot Road and Boulder Avenue (combined 21,800 VPD), and sits adjacent to a 7-Eleven convenience store and gas station, increasing consumer traffic to the area. The site is located across from Greenspot Crossings, a 22-acre mixed-use development approved for 800 high-density multifamily units and 700,000 square feet of retail which is set to become a major regional draw, with committed national tenants including Costco, Stater Bros, Starbucks, Chipotle, and Dave’s Hot Chicken. In addition, the property is near the Highland Crossing shopping mall, anchored by Lowe’s and Grocery Outlet, adding to the immediate area’s retail presence. Highland is undergoing a rapid transformation, marked by the delivery of multiple new multifamily communities, national retailers like Dutch Bros, El Pollo Loco, The Habit, and Starbucks,
and an increasing concentration of destination retail centers. The location also enjoys close proximity to major regional anchors, including downtown San Bernardino
(220,000+ residents), the San Bernardino International Airport (7 million+ annual passengers in 2024), and the broader Inland Empire MSA, home to over 4.6 million residents. Moreover, Southern California’s consistently warm, dry climate creates ideal operating conditions for express car washes, supporting year-round customer demand, reducing weather-related downtime, and enhancing long-term revenue reliability. The 5-mile trade area is supported by a population of over 198,000 residents and 66,600 employees with an average household income of $144,347 within 1-mile.