3501 Northrise Drive · Las Cruces, NM 88011 · Specialty Retail
We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.
Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.
Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.
Mister Car Wash at 3501 Northrise Drive, Las Cruces, NM 88011 presents a rare opportunity to acquire a high-performing, absolute NNN single-tenant investment backed by a corporate guarantee. This fee simple offering includes approximately 5,383 SF of improvements on a 49,223 SF parcel and is 100% occupied by one of the nation’s leading car wash operators.
The property features a 20-year lease that commenced October 28, 2024, with approximately 18 years remaining in the primary term, 2% annual rent increases, and four 5-year renewal options.
Built as a high-volume prototype with 3 pay lanes, the site is positioned for strong unit-level performance. The location benefits from excellent visibility and traffic near Northrise Drive and Rinconada Boulevard, surrounded by major national retailers including Walmart Supercenter, Walgreens, Dollar Tree, Wendy’s, Taco Bell, Arby’s, Dutch Bros, Discount Tire, Verizon, and Panda Express.
We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.
Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.
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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.