Hanley Investment Group Brokers $5.2M Sale Of Two Quick Quack Car Wash Locations In Hesperia
15601 Main Street & 297 East Hospitality Lane
$5,200,000
$361/SF
Building Size
14,384 SF
Asset Type
Retail
Closing
Mar 31, 2026
AI
The transaction involves the sale of two newly constructed Quick Quack Car Wash locations located at 15601 Main Street and 297 East Hospitality Lane, situated within the Hesperia and San Bernardino markets. The properties, each measuring 3,596 square feet, have a combined sale price of $5,200,000, equating to a price per square foot of $723.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,200,000
- Square Footage: 7,192
- Price per Square Foot: $723
- Addresses: 15601 Main Street & 297 East Hospitality Lane
- Market: Hesperia & San Bernardino
- Brokers: Bill Asher & Jeff Lefko - Hanley Investment Group
- Lease Type: 20-year absolute triple-net ground lease
- Each Property Sale Price: Approximately $2.6M
Bill Asher and Jeff Lefko of Hanley Investment Group represented both sellers in the transaction. The deal reflects the ongoing interest and investment in retail assets within the targeted markets.
Players
Hesperia Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93