Mighty Wash

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04/18/2025 By B+E

Mighty Wash

https://mistercarwash.com/ | Corporate Guarantee

3
Number on Market

$5.8M
Average Price

19
Average Remaining Term (Years)

6.85%
Average Cap Rate

Mighty Wash Tenant Overview

Founded in 2012, Mighty Wash now has a total of 34 locations across West Texas and the Permian Basin. Mighty Wash Auto Bath is among the five largest conveyor car wash companies in the country. The company is home to over 250 employees. Mighty Wash uses state-of-the-art technology to ensure that every vehicle is thoroughly cleaned and washed efficiently. Its equipment and techniques are gentle on cars, yet effective in removing dirt and grime.

Recent Mighty Wash expansions include the opening of three new locations in Odessa, Midland, and Carlsbad, with additional sites planned for Waco, Killeen, and Robinson, Texas.

Tenant Data:

COMPANY	Mighty Wash
Guarantor	Corporate Guarantee
Ownership	Private
Headquarters	Lubbock, TX
Locations	± 34
Regions	Texas, New Mexico
Website	https://www.mymightywash.com/

Average Mighty Wash Info
Number on Market	3
Average Price	$5,787,000
Average Remaining Term	19 Years
Average Cap Rate	6.85%
Average NOI	$396,455
Average PPSF	$1,300
Average Building SF	4,455 SF
Average Lot Size	1.54 AC
AS OF 05/05/26