TUCSON, Arizona — Mister Car Wash, based in Tucson Arizona, has acquired five more car washes, four in Tucson and one in Sierra Vista, in keeping with the company’s growth by acquisition strategy. Mister Car Wash now operates 201 car washes and 34 express lubes in 19 states and has acquired an additional building for office expansion in downtown Tucson.
The five car washes commanded a combined sale price of approximately $10 million at these locations:
- 1435 W River Rd, Tucson, AZ · (520) 293-1359
- 3150 E Grant Rd, Tucson, AZ · (520) 881-1486
- 6301 E 22nd St, Tucson, AZ · (520) 745-5003
- 5075 S Midvale Park Rd, Tucson, AZ
- 3850 Martin Luther King Jr, Sierra Vista, AZ
Headquartered in Tucson, Mister Car Wash also purchased a retail / office building at 415-421 N 6th Avenue for $2.1 million ($84 PSF) for office expansion. The company’s current headquarters located a few blocks away at 222 E 5th Street was acquired in November 2013. Mister moved in there six month later and will soon occupy both downtown locations.
The building on 6th Avenue sold by Dewitt Designs of Tucson represents an additional 25,000-square-feet of office space for Mister, with a mezzanine and basement. It was built in 1954 on a .7-acre lot.
“In one and a half years, the company has already outgrown its downtown headquarters and needs more space,” said Felipe Valenzuela, Director of Business Operations at Mister Car Wash. “It’s amazing for me to watch the growth Mister Car Wash has experienced in the past two years and all the talented people the company attracts.” Current employees number approximately 7,000.
Mister Car Wash (John Lai, CEO) moved downtown from a Foothills address one and a half years ago hoping to draw on the dynamic area’s energy and amenities. The company was operating 6 car washes in the Tucson market when it moved, and with today’s acquisition of five more Arizona Auto Spas, Mister’s total store count increased to 15 in the Tucson area.
Buzz Isaacson with CBRE in Tucson represented Mister in the purchase of the new office building.
Mister Car Wash (www.mistercarwash.com) is an operating company of Leonard Green & Partners L.P. (www.leonardgreen.com) one of the nation’s preeminent private equity firms with over $15 billion of private equity capital raised since inception. Based in Los Angeles, CA, Leonard Green invests in established companies that are leaders in their markets.
Mister will continue to look for acquisitions to expand their presence in existing markets and bring a diversified set of service delivery models to customers and Unlimited Wash Club® members.
For information about services and opportunities with Mister Car Wash, please visit www.mistercarwash.com. For more information Isaacson can also be reached at 520.323.5151.
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