The car wash industry in California is booming thanks to rising demand, expanding brands, and now, significant federal tax incentives.
In a recent GlobeSt. feature, Matthew Mousavi, Senior Managing Principal & Co-Head of National Net Lease at SRS Capital Markets, shared his insights on why this sector continues to attract investors.
🔹 New 100% Bonus Depreciation: Introduced for qualifying assets like car wash equipment, creating powerful benefits for investors.
🔹 Strong Consumer Demand: Projected to grow at ~5–6% annually, rising from roughly $14.9 billion in 2024
🔹 Market Momentum: With multiple brands expanding across California, both infill and growth markets are seeing heightened activity.
Together, these factors position car wash assets as one of the most compelling opportunities in today’s CRE investment landscape.
Read more at GlobeSt.com.