NNN Car Washes for Sale

Car wash NNNs typically sell from $2 million to $6 million, with an average cap rate of 6.25% to 7.5%. The majority are operated by regional or national franchisees, though some are corporate-owned. Lease terms generally range from 15 to 20 years, often with built-in rent escalations. Not all leases are absolute NNN or come with corporate guarantees—tenant credit and lease structure vary widely.