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Tenant Profiles

Mister Car Wash

B+E > B+E INSIGHTS > Tenant Profiles > Mister Car Wash
10/07/2025 By B+E

Mister Car Wash

https://mistercarwash.com/ | Car Wash Partners, Inc.

Mister Car Wash Tenant Overview

Founded in 1969 in Houston, Texas, Mister Car Wash is the largest car wash operator in North America, with over 500 locations across 21 states. Known for quality service and customer experiences with over 50+ years of operating history, the company serves nearly 1.7 million Unlimited Wash Club members. Mister Car Wash focuses on operational excellence, environmental sustainability, and community involvement, reducing water usage by 11% and recycling 33% during washes.  The company consistently invests in improving site flow, tunnel equipment, and facilities, having completed over 100 successful acquisitions with full integration into the Mister brand. The company has been expanding rapidly, adding 30+ locations annually, with 39 new openings in 2024. Mister Car Wash saw a 7% increase in net revenues, reaching $994.7 million, and a 3% rise in comparable-store sales.

Mister Car Wash

Tenant Data:

COMPANY Mister Car Wash
GuarantorCar Wash Partners, Inc.
HeadquartersTucson, AZ
OwnershipPublic
TickerNYSE: MCW
Founded1969
Annual Revenue ± $995 Million (2024)
Locations (North America)± 514
RegionsNationwide
Employees± 6,600
Websitewww.mistercarwash.com
Average Mister Car Wash
Number on Market9
Average Price $5,063,290
Average Remaining Term 15.0 Years
Average Cap Rate 6.01%
Average NOI $302,298
AS OF 01/02/2026

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