Anyone around in the 1970’s is sure to remember the hit song by Rose Royce titled “Car Wash,” as it was one of the most notable successes during the ‘70s disco era and was featured in the 1976 film with the same name. However, over the past few years, the term “car wash” has taken on a new success, especially in the commercial real estate industry – more specifically, within the net lease sector – with both private and institutional investors.

Up until a few years ago, the real estate associated with a car wash facility was generally bundled into the combined sale of the business operation and equipment to a new user or business owner. Today, however, astute operators are realizing they can best maximize their investment by executing a long-term lease for the underlying real estate and selling it off to a private net lease investor seeking a long-term passive investment.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.