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

TUCSON, ARIZONA — Mister Car Wash purchased 1.49 aces of vacant land at Tucson Marketplace at the Bridges located at 2975 South Kino Pkwy in Tucson for $1.4 million ($21.57 PSF). Tucson-based Mister Car Wash continues to expand, now with 266 car washes it operates in 21 states. Prior to this year the company had grown through acquisitions and recently opened two new locations built and developed by and for Mister Car Wash in Iowa and Utah.

It is this new product being developed by Mister Car Wash at the Bridges on a pad to the north of Discount Tire.  Mister Car Wash will be located on the northern most pad with KFC and Dutch Bro’s (in escrow) to the south near Culver’s and Discount Tire, as shown on site plan below.

Tucson Marketplace at the Bridges is ±114 acres with ±1 million square feet of proposed shops, pads, entertainment and anchors available for Sale, Ground Lease or Built-To-Suite in the dense infill section of South Tucson

The Marketplace at the Bridges feature one (1) mile of frontage along Interstate 10, two (2) Interstate 10 interchanges at the east and west ends of the project. It is part of a master planned community with KB Homes and the University of Arizona Bioscience Research Park, within 2.5 miles from the University of Arizona and two (2) miles south of downtown Tucson and three (3) miles from the Tucson International Airport.

CWPS, the buying entity for Mister Car Wash, was represented by Aaron LaPrise, Retail Specialist with Cushman & Wakefield | Picor.

The seller, Fullerton Tucson Kino Parkway, LLC, of Toronto, Ontario, Canada, was represented by Chad Russell and Randy Titzck of Land Advisors Organization in Phoenix.

For more information, LaPrise can be reached at 520.546.2770 and Russell and Titzck can be contacted at 480.483.8100.

To learn more, see RED Comp #6652.

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 6^th Avenue for $2.1 million ($84 PSF) for office expansion. The company’s current headquarters located a few blocks away at 222 E 5^th 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.

To learn more, see RED Comps #4309, #4310, #4311, #4312 and #4313.