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