NNN Car Wash Listed Inventory – July 2026
The NNN car wash market picked back up in July 2026, with listed inventory rising to its second-highest level of the year. B+E’s latest
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ModWash Tenant Overview
Founded in 2020, ModWash is an American car wash chain headquartered in Chattanooga, Tennessee. ModWash operates over 78 locations, with 54 under construction. The Hutton Company, a real estate construction company, owns 75% of the car wash company.
ModWash is committed to its customers, providing quality service and professional car care, while doing good for their communities. The company has made aggressive expansion efforts, including new openings in Boiling Springs, SC, in January 2024.
Tenant Data:
| COMPANY | ModWash |
|---|---|
| Guarantor | ModWash, LLC |
| Headquarters | Chattanooga, TN |
| Ownership | Private |
| Founded | 2020 |
| Locations | ± 122 |
| Regions | South, Northeast |
| Website | https://www.modwash.com/ |
| Average ModWash | |
|---|---|
| Number on Market | 5 |
| Average Price | $4,560,000 |
| Average Remaining Term | 17.9 Years |
| Average Cap Rate | 6.45% |
| Average NOI | $295,304 |
| Average PPSF | $1,095 |
| Average Building SF | 4,204 SF |
| Average Lot Size | 0.96 AC |
| AS OF 04/01/2025 | |
Featured Listings:
Available
- $43,400,000
Available
- $25,473,000
Available
- $1,366,000
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