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HESPERIA AND SAN BERNARDINO, Calif. – Hanley Investment Group Real Estate Advisors, a national real estate brokerage and advisory firm specializing in retail property sales, announced today the sale of two new-construction, single‑tenant Quick Quack Car Wash properties in Hesperia and San Bernardino, California. Each property is secured by a new 20‑year absolute triple-net ground lease. The combined sales price was $5.22 million.
Hanley Investment Group’s Executive Vice President Bill Asher and Executive Vice President and Partner Jeff Lefko represented both sellers.
Quick Quack Car Wash — Hesperia, California
The Quick Quack Car Wash located at 15601 Main Street in Hesperia sold for $2,565,000 to a Los Angeles-based private 1031 exchange buyer. The seller, a private developer based in North San Diego County, was represented by Asher and Lefko. The buyer was represented by R. Jeffrey Burgfechtel, JD, at MMG Real Estate Advisors.
The property features a 3,596‑square‑foot, single‑tenant car wash building situated on a one‑acre parcel. It is located along the Main Street retail corridor, one of Hesperia’s highest‑traffic commercial arterials, with direct access to Interstate 15. The site is positioned near a high‑volume Cardenas Market and Hesperia Marketplace, an established shopping center that draws consistent daily traffic from national retailers, service tenants and neighborhood conveniences.
“We procured a buyer in an off‑market transaction, converting a 1031 exchange buyer who had been pursuing another Quick Quack Car Wash listing that our team had in escrow,” Asher said. “The buyer was secured before construction was completed, and escrow closed shortly after the tenant opened for business.”
“Quick Quack continues to be one of the most sought‑after net‑lease car wash operators in the country, and the Hesperia sale reflects the strong demand we are seeing from private buyers, including 1031 exchange investors,” Asher said. “Securing a buyer before construction was completed and closing shortly after opening demonstrates the strength of the tenant and the appeal of new‑construction, long‑term ground leases in high‑growth Inland Empire markets.”
Quick Quack Car Wash — San Bernardino, California
The Quick Quack Car Wash located at 297 East Hospitality Lane in San Bernardino sold for $2,655,000 to a repeat 1031 exchange buyer based in California’s Central Valley, who previously acquired a Dutch Bros in El Cajon in mid-December 2025 through Hanley Investment Group. The buyer was represented by Elliot Kirschenmann. The seller, a local developer, was represented by Asher and Lefko.
Built in 2025, the property features a 3,596‑square‑foot, single‑tenant car wash building on a 1.04‑acre parcel at a hard-corner, signalized intersection with more than 55,000 cars per day, and is secured by a 20-year absolute triple‑net ground lease.
Hanley Investment Group generated multiple qualified offers within the first two weeks of marketing, showing the overall strength of the location and tenant.
The property benefits from a freeway‑visible location at Waterman Avenue and the Interstate 10 Freeway (210,600 cars per day) and is co‑tenanted with a new Starbucks drive‑thru. Hanley Investment Group also recently arranged the sale of the neighboring Starbucks for $3,564,000. Located in an opportunity zone, the site is positioned adjacent to the Tri‑City Corporate Centre, a 153‑acre, 1.69‑million‑square‑foot master‑planned office, retail and hospitality district. The surrounding area includes several major hotels, providing consistent traffic throughout the day.
“Hospitality Lane is one of the Inland Empire’s most established retail corridors, and the combination of excellent freeway accessibility and visibility, strong co‑tenancy and long‑term lease structure created a competitive bidding environment and premium pricing for the property,” said Asher. “The continued depth of demand for similar well‑located, service‑based net‑lease assets will remain strong in 2026.”
Quick Quack Corporate Growth
Quick Quack Car Wash operates more than 300 locations across California, Arizona, Texas, Utah, Colorado, Oklahoma and Washington.
Founded in 2004, the company has grown into a fully automated express car wash chain and is recognized as the nation’s No. 4 conveyor car wash operator in the 2025 Top 50 Conveyor Carwash Chains list published by Professional Carwashing & Detailing Magazine.
In 2024, KKR acquired an $850 million minority stake in Quick Quack to support continued expansion, innovation and marketing initiatives. The company’s founders and longtime equity partner, Seidler Equity Partners, continue to hold meaningful ownership stakes.
“Institutional investment from groups like KKR has strengthened buyer confidence in the Quick Quack brand,” said Asher. “The company’s growth trajectory and operational performance continue to attract private and exchange buyers seeking long‑term, secure and stable investments.”
Car Wash Sector Outlook
The U.S. car wash and auto detailing industry generates more than $20 billion annually. Subscription models, automation and strong operating margins have contributed to sustained investor demand. Nearly 80% of U.S. drivers now rely on professional car washes rather than washing their vehicles at home, further supporting long‑term, recurring revenue growth across the sector.
“Express car washes remain one of the most profitable tenants in the net‑lease sector,” said Asher. “With margins often between 50% and 60%, successful operators can withstand economic fluctuations and continue to expand. We expect more single‑tenant car wash properties to come to market over the next six to 12 months as developers and private investors capitalize on demand.”
Asher added, “We are also seeing investors pursue car wash assets to take advantage of bonus depreciation benefits, which can significantly enhance after‑tax returns.”
Hanley Investment Group Track Record
Hanley Investment Group has arranged the sale of more than $485 million in car wash‑occupied investments over the past five years, including seven Quick Quack sales in California in the last 17 months.
About Hanley Investment Group
Hanley Investment Group Real Estate Advisors is a real estate brokerage and advisory services company with a transaction track record exceeding $12.7 billion, specializing in the sale of retail properties nationwide. The firm’s expertise, proven track record spanning more than 20 years, and dedication to putting clients’ needs first set it apart in the industry. Hanley Investment Group creates value by delivering exceptional results through property‑specific marketing strategies, cutting‑edge technology and local market knowledge. Hanley Investment Group’s relationships with investors, developers, institutions, franchisees, brokers and 1031 exchange buyers translate into maximum exposure and pricing for each property. With unmatched service, Hanley Investment Group has redefined the experience of selling retail investment properties. For more information, visit www.hanleyinvestmentgroup.com.