TUCSON, AZ (December 17, 2025) — A newly constructed, single-tenant Mister Car Wash located at 7471 South Houghton Road has sold for $5.075 million, reflecting continued investor demand for net-leased, single-tenant, service-oriented retail assets in Tucson’s growing Southeast submarket.
The 5,363-square-foot drive-thru car wash, completed in 2024, sits on 1.32 acres at the intersection of Houghton Road and Valencia Road. The transaction closed on November 26, 2025, at approximately $946 per square foot, underscoring the premium investors place on newly delivered properties leased to strong, nationally recognized operators.
The seller, CWPS Corp – Tucson, an affiliate of Mister Car Wash, continues the company’s strategy of monetizing select real estate holdings while maintaining long-term operational control of its facilities. Mister Car Wash is headquartered in Tucson and is one of the largest car wash operators in the United States, with a broad national footprint.
The buyer, Skyline Principal Investors LLC, is based in San Francisco and focuses on newer, mission-critical retail assets in high-growth Sun Belt markets. The acquisition aligns with the firm’s emphasis on durable cash-flow investments supported by established brands.
The property was in excellent condition and features a modern, full-service drive-thru car wash. The site benefits from strong traffic counts, nearby residential growth, and proximity to expanding retail and employment nodes in Southeast Tucson.
John Lai, CEO of Mister Car Wash, represented the seller internally in the transaction.
Source: RED Comp #12211