
NNN Car Wash Listed Inventory – September 2026
NNN car wash inventory jumped to 299 listed properties in September 2026, a new high for the year and 61 more than August. B+E’s
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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.

| 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 | |



