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TexasRetail

Houston-based car wash expands in Bryan-College Station market

October 27, 2020
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Rapid Express Car Wash has snapped up an outparcel in a Walmart-anchored shopping center in Bryan, Texas as its 13th location in south-central Texas and third in the Bryan-College Station metropolitan market. The location is tentatively slated to open in summer 2021.

The Houston-based car wash operator has purchased a 0.9-acre pad site at 1632 W. Villa Maria Road in the 652,522-square-foot Rudder’s Landing in Bryan from developer Crossfulton Investments Ltd. J.J. McDermott, vice president of Houston-based NewQuest Properties, represented the buyer, who is planning to break ground within 90 days. Jeremy Richmond of Oldham Goodwin Group LLC represented the seller.

“We jumped at the opportunity to get a site in a Walmart-anchored center,” McDermott said. “This market, particularly Bryan, is underserved for car washes.”

Shortly before the Rudder’s Landing site surfaced, Rapid Express Car Wash had closed on a development tract in nearby College Station. “He’s actively expanding and looking for sites,” McDermott said.

The longtime operator’s property portfolio extends from Houston to Greater Austin. The Bryan-College Station market caught the owner’s eye about three years ago, with the first location resulting from the acquisition of an independently owned and operated car wash along William J. Bryan Parkway.

The MSA’s population is slightly more than 273,000, with residential and retail development as strong catalysts for a local economy that’s held up throughout the 2020 pandemic. Its unemployment rate hovers 4 percent, which is lower than state and national averages. The chief driver is Texas A&M University, home of the Aggies, the largest student body in the nation.

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BryanCrossfulton Investments Ltd.NewQuest PropertiesOldham Goodwin GroupRapid Express Car Wash
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