{"id":50705,"date":"2025-09-06T23:49:59","date_gmt":"2025-09-06T23:49:59","guid":{"rendered":"https:\/\/www.carwashbrokers.com\/?p=50705"},"modified":"2025-09-25T16:09:03","modified_gmt":"2025-09-25T16:09:03","slug":"oregon-car-wash-provider-soaks-up-4-tucson-locations-for-15-million","status":"publish","type":"post","link":"https:\/\/www.carwashbrokers.com\/?p=50705","title":{"rendered":"Oregon Car Wash Provider Soaks up 4 Tucson locations for $15 Million"},"content":{"rendered":"\n<p>TUCSON, ARIZONA, March 23, 2023 \u2013 &nbsp;Roger Pencek with <strong><a href=\"https:\/\/www.carwashbrokers.com\/\">Car Wash Brokers, Inc.<\/a><\/strong> of Scottsdale, handled the sale of four Octopus Car Washes in Tucson for $15.4 million, including equipment and fixtures.<\/p>\n\n\n\n<p>The properties\u2019 locations include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>6611 N Thornydale Road in Marana<\/li>\n\n\n\n<li>2011 W Valencia Road in Tucson<\/li>\n\n\n\n<li>7210 E 22<sup>nd<\/sup> Street in Tucson<\/li>\n\n\n\n<li>3410 N 1<sup>st<\/sup> Avenue in Tucson<\/li>\n<\/ul>\n\n\n\n<p>This bulk portfolio sale was $12,280,000 for real estate, averaging $3.2 million per location.<\/p>\n\n\n\n<p>The buyer, Secolo Land Development Co of Portland, OR, will rebrand the locations to Blue Whale Car Wash.<\/p>\n\n\n\n<p>Blue Whale is a combination of industry-leading car wash equipment and solutions developed and manufactured by Blue Whale Car Wash Technology. Since 2003, Blue Whale has provided cutting-edge wash solutions, equipment, service, and technical support.<\/p>\n\n\n\n<p>The car wash industry has grown in Tucson this year. Super Star closed on its fourth site in Q1 2023, at <a href=\"https:\/\/realestatedaily-news.com\/super-star-car-wash-continues-tucson-expansion\/\"><strong>13550 E Colossal Cave Road in the Vail area.<\/strong><\/a>&nbsp; With summer just around the corner, the car wash industry will be in high demand.<\/p>\n\n\n\n<p>According to <a href=\"https:\/\/www.getonedesk.com\/\"><strong>onedesk<\/strong><\/a>, 66% of car owners in the U.S. will get their vehicle washed anywhere from once to twice every month. Car owners have decreased their use of at-home washes and utilized car washing facilities.<\/p>\n\n\n\n<p>In another car wash sale on February 22, 2023, Pencek handled the sale of 4733 S Campbell Ave in Tucson for $1 million. The five manual drive-thru wash stations and one automatic wash station were built in 1998, north of Irvington on Campbell Ave.<\/p>\n\n\n\n<p>Many niche asset classes have risen in popularity over the past several years, and car wash investments are indeed one of them \u2014 and it\u2019s just getting started.&nbsp;The professional car wash industry is expected to grow at a <a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/car-wash-service-market\"><strong>3.1% compound annual growth<\/strong><\/a> rate (CAGR) from 2022 to 2030.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/realestatedaily-news.com\/wp-content\/uploads\/2023\/03\/Car-wash-service-market.jpg\" alt=\"\" class=\"wp-image-69321\"\/><\/figure>\n<\/div>\n\n\n<p>The global car wash services market was valued at USD 29.3 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.1% from 2022 to 2030.<br><br>For more information, Pencek should be contacted at 602.787.1100,<\/p>\n\n\n\n<p>See RED Comps #10363, #10364, #10365, #10366, #10502, and #10438 to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TUCSON, ARIZONA, March 23, 2023 \u2013 &nbsp;Roger Pencek with Car Wash Brokers, Inc. of Scottsdale, handled the sale of four Octopus Car Washes in Tucson for $15.4 million, including equipment and fixtures. The properties\u2019 locations include: This bulk portfolio sale was $12,280,000 for real estate, averaging $3.2 million per location. The buyer, Secolo Land Development [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-50705","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=\/wp\/v2\/posts\/50705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50705"}],"version-history":[{"count":2,"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=\/wp\/v2\/posts\/50705\/revisions"}],"predecessor-version":[{"id":197056,"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=\/wp\/v2\/posts\/50705\/revisions\/197056"}],"wp:attachment":[{"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carwashbrokers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}