Marcus & Millichap Brokers $9.7 Million Sale Of Super Star Car Wash Properties In Tucson And Glendale
8690 East Golf Links Road & 5131 West Olive Avenue
$9,700,000
Building Size
—
Asset Type
Retail
Closing
May 29, 2026
AI
Two single-tenant Super Star Car Wash properties located at 8690 East Golf Links Road in Tucson and 5131 West Olive Avenue in Glendale, AZ were sold through separate sale-leaseback transactions. The total sale price for these properties amounted to $9,700,000.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $9,700,000
- Address: 8690 East Golf Links Road, Tucson, AZ
- Address: 5131 West Olive Avenue, Glendale, AZ
- Market: Tucson & Glendale, AZ
- Brokers: Zack House, Mark Ruble & Chris Lind - Marcus & Millichap
The sale was facilitated by Marcus & Millichap, showcasing the firm's role in executing these transactions involving properties in the retail sector specifically catering to the car wash business.
Players
Calva Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93