Rodeo Express Car Wash- Katy, TX

Owner/User Opportunity – Opportunity to acquire the building, business and underlying real estate of 2 newer construction express car wash sites.
Rapidly Growing Trade Area – The 1-mile radius population growth of the site was over 70% from 2020 to 2025 and will continue to climb about 3% each year for the next 5 years according to CoStar.
Above Market HH Income – Sales have shown consistent growth at the site having had their best Quarter yet with positively correlated membership growth as well.
Real Estate Development – This corridor of Katy has had a significant uptick in real estate development including a new Target, Chick Fil A and multiple strip centers. Additional developments to come include H-E-B and a $77m apartment building.
Ideal Lot Size/Layout – Situated on over 1.50 acres, the site features an efficient, high-throughput layout designed to accommodate a high volume of vehicles, maximizing revenue potential and operational flow
Newer Construction Tunnel – The wash was constructed in 2023 allowing for a new operator to purchase the site with no large renovations or Capex needed
Qualifies For Bonus Depreciation – Car washes qualify for 100% bonus depreciation which allows for additional tax benefits.

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