| Abstrakt: |
The average sale price of an NNN carwash was $4,480,273, with deals trading at an average cap rate of 5.79% The carwash market continues to attract significant interest. The carwash industry has experienced remarkable growth and transformation in recent years, driven by changing consumer preferences, technological advancements and increasing environmental concerns. MARKET PERFORMANCE According to CoStar Group data and B+E research, the triple-net lease (NNN) carwash real estate market expanded in 2022, with over 245 leased properties changing hands for a total market value of more than $1 billion. [Extracted from the article] |
