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Tenant Profiles

Mr. Clean Car Wash

B+E > B+E INSIGHTS > Tenant Profiles > Mr. Clean Car Wash
02/29/2024 By B+E

Mr. Clean Car Wash

Mr. Clean Car Wash | www.mrcleancarwash.com/

mr clean car wash

8
Number on Market

$6.1M
Average Price

18
Average Remaining Term (Years)

6.49%
Average Cap Rate

Mr. Clean Car Wash Tenant Overview

Founded in 1988, Mr. Clean Car Wash is an American car wash chain with over 16 locations, primarily in the South. The company is headquartered in Norcross, Georgia, and is an officially licensed brand of Procter and Gamble (P&G). In 2012, Carnett’s Management Company purchased the operating company and became the exclusive licensee of the Mr. Clean Car Wash brand.

What began as America’s favorite name in household cleaning has grown into the gold standard in car care. At Mr. Clean Car Wash, tunnels are designed to recycle and filter most of the water used while keeping soap and chemicals away from natural waterways. In addition to both interior and exterior wash services, some Mr. Clean Car Wash facilities offer oil changes and other maintenance services. Recent openings include a location in Orange Park, FL, as of June 2023.

mr clean car wash

Tenant Data:

COMPANY Mr. Clean Car Wash
Guarantor Carnett’s Management Company
Ownership Private
Headquarters Norcross, GA
Locations (North America) ± 16
Region South
Website https://www.mrcleancarwash.com/
Average Mr. Clean Car Wash Info
Number on Market 8
Average Price $6,096,453
Average Remaining Term 18 Years
Average Cap Rate 6.49%
Average NOI $395,591
Average PPSF $1,555
Average Building SF 4,652 SF
Average Lot Size 1.07 AC
AS OF 7/26/2023

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