“East Coast Investor Acquires Yucca Valley Car Wash”

"East Coast Investor Acquires Yucca Valley Car Wash"

Hanley Investment Group Real Estate Advisors recently facilitated the sale of a brand new Quick Quack Car Wash in Yucca Valley. The car wash is situated on a pad within a shopping center anchored by Stater Bros. The absolute triple-net ground lease was sold for $2.04 million.

EVPs Bill Asher and Jeff Lefko represented both the seller, an Orange County-based private partnership, and the buyer, a private investor from Newtown, PA.

According to Asher: “We were able to secure an experienced net-leased investor from the East Coast who already owned several similar single-tenant retail properties across the country.” This particular investment property occupied by Quick Quack in Yucca Valley was actually their first Quick Quack location sold in 2024 at that time.

The newly constructed 3,596-square-foot car wash was completed in 2023 and is located at 58024 Twentynine Palms Hwy. Other tenants within this Stater Bros-anchored shopping center include Dollar Tree, Harbor Freight Tools,
Tractor Supply Co., Jack in the Box,Pizza Hut,and Subway.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

Share the Post:

Related Posts