Quick Quack Car Wash Ground Lease
Puyallup
,
WA
Washington
Seattle
Call for Details
$
3,333,000
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Call for Details
5.85
%
CAP Rate
~10 Miles from Tacoma
& ~35 Miles from Seattle
237,317
Total Population within 5 Miles of Site
55,025 AADT
Excellent Access & Visibility Along Canyon Road East
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Property details
- Brand New 20-Year Corporate Ground Lease to Quick Quack Car Wash
- No Landlord Maintenance Responsibilities
- Rare Schedule 12.5% Rental Escalations Throughout Primary Term
- Brand New 2024 Construction
- Excellent Access & Visibility Along Canyon Road East - 55,025 AADT
- Near Junction with WA-512 Arterial - 93,000 AADT
- Quick Quack Car Wash is 4th Largest Car Wash Brand in the U.S.
- Increasing Unit Count by Approximately 10% per Year
- 230 Locations Across Western U.S.
- KKR Purchased Minority Stake in Quick Quack Car Wash for $850M in June 2024
- 6 Miles from Joint Base Lewis-McChord
- Washington's 4th Largest Employer
- 25,000+ Personnel
- Economic Impact of $12.1B
- 5 Miles from Washington State Fair
- Among Top 10 State Fairs in the U.S.
- Largest Annual Event in State with 1M+ Visitors
- Neighbors Top-Performing Retail Tenants (per Placer.ai Data)
- Strong Demographics in the Surrounding Area
- Total Population of 237,317 within 5 Miles of Site
- Average Household Income of $132,902 within a 3-Mile Radius
- Average Home Value of $616,265 within a 1 Mile Radius
- Approximately 10 Miles from Tacoma and 35 Miles from Seattle
- No State Income Tax in Washington
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc. / Broker
WA RE Lic #25947