4950 Evers Road
San Antonio, TX 78228
#1 Location Company-wide : The subject property has consistently been the top performing location within the entire Swiftwater company. It was one of the first units they acquired due to its high performance and has continued to be the number one location in the system year over year.
Amazon/Ecommerce-Proof Industry: The landscape of retail tenants offering goods and services is changing on a daily basis. The car wash industry is well positioned to avoid pressure from ecommerce gaining traction on market share. As the number of cars on the road continues to increase, we can expect even more demand for car washes.
Industry Wide Growth – Primarily Small Business Owners: There has been notable growth over the last 5 years in the car wash industry averaging yearly growth of over 3% with total revenues expected to exceed $12B in 2019. This is an industry that isn’t dominated by a few big chains, in fact, 90% of car washes are owned by small business owners leaving plenty of room in a growing industry.
Corporate Signature/Guaranty: All leases are backed by the parent company, providing the utmost security to any investor.
Newly Remodeled: This location is currently undergoing a remodel which should be completed in the next 30 days, which will further increase traffic and sales.
Long Term, Absolute NNN Leases: Brand new 15-year absolute NNN leases to commence upon the close of escrow. Zero Landlord responsibilities, including roof and structure. Completely passive investments for ownership.
Well Located In Their Respective Trade Areas: Strong location on EversRoad just off Interstate 410 Loop which has over 197,000 cars per day.
Excellent Demographics: This location benefits from its densely populated trade area with 391,000 people within the 5-mile radius and over 147,000 households.