Job details

Real Estate Manager

Spark Car Wash is a high-growth, institutionally-backed express exterior car wash company serving the Northeast. Our mission is to become the premier brand in the market by providing consistent excellence to our customers and an enriching environment for our employees. Spark is in the process of launching multiple best-in-class locations with a vision of becoming the largest operator in the region by 2025.

Real Estate Manager (“REM”) Position Summary:

As we grow our company, we are actively adding a skilled Real Estate Manager supporting our expanding 9-person Real Estate team. The Manager’s primary responsibilities will be identifying, recommending, and qualifying potential real estate properties within assigned territories in support of Spark’s Market Penetration Plan. The REM will report to the Director of Real Estate and will be focused on the greater Philadelphia market. The department is led by a VP of Store Development, who has extensive experience leading the development organization in this region for major brands including QuickChek and Rite Aid.

The express car wash market is the most dynamic multi-unit retail category today, and one of the most vibrant sectors in consumer-focused private equity. This role represents the opportunity to join an emergent brand poised to be a regionally dominant player, while developing under one of the best-known real estate leaders in the region supported by a department with over 175+ years of experience in real estate.

Responsibilities:

Implement a comprehensive, strategic market plan for a defined territory and achieve bold new store growth goals
Build relationships with local landowners / developers to secure best-in-class “A” sites
Manages broker network across defined territory for use in conjunction with Company growth
Compile and analyze data on the desirability of sites in terms of present and anticipated commercial activity, area demographics, traffic flow, and ease of access
Determine site feasibility through a site pro-forma budget in coordination with the Real Estate Committee (REC)
Understand potential areas of concerns from local municipalities in the entitlement process
Coordinate with key third party vendors (e.g., civil engineer, design architect, attorney) throughout the development process
Prepare and present real estate site packages to the Real Estate Committee
Conduct site rides with the VP of Store Development, Director of Real Estate, and REC to gain field approval of proposed sites
Prepare and negotiate terms of letter of intent (LOI) and work with legal representation to negotiate lease or purchase contract for all approved sites
Participate in weekly development department project status meetings
Performs other related duties, tasks and responsibilities as required, assigned, and directed

Desired skills, education & experience:

Bachelor’s degree preferred
5+ years of Retail Real Estate experience (preferably focused on land development for single-tenant uses)
Deep broker, landlord, and developer relationships in Philadelphia
Must physically reside in or within 25 miles of Philadelphia
Effective collaboration across internal stakeholders, external vendors, and local municipalities
Outstanding interpersonal and communication skills
Effective lease and contract negotiation skills
Ability to work independently
Strong analytical and organizational skills
Proficiency in Microsoft Office Suite
Availability for extensive regional travel

Must have a valid driver's license.

Must be authorized to work in the United States

A base salary and a comprehensive compensation package (e.g., commissions, vehicle stipend)
Excellent comprehensive health coverage, including medical, dental, and vision, as well as ancillary benefits
401K with contribution match
3 weeks paid vacation
Company laptop
Branded company gear and free car washes

Average salary estimate

$80000 / YEARLY (est.)

min

max

$70000K

$90000K

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What You Should Know About Real Estate Manager, Spark Car Wash

At Spark Car Wash, we’re on the lookout for a passionate and driven Real Estate Manager to join our growing team! As a high-growth car wash company in the Northeast, our mission is simple: we aim to be the leading brand in the market by delivering consistent excellence to our customers and creating a fulfilling environment for our employees. This is an exciting time for our company as we expand our footprint, specifically in the greater Philadelphia market! As a Real Estate Manager, you will play a vital role in identifying, recommending, and qualifying new real estate properties aligned with Spark’s Market Penetration Plan. You’ll collaborate closely with local developers, analyze potential sites, engage with our esteemed Real Estate Committee, and navigate the complexities of local municipalities. If you have a solid track record in retail real estate, particularly in land development, and are excited to contribute to a dynamic team, we’d love to hear from you! Join us as we accelerate our growth with ambitious goals in a vibrant sector and make your mark in this emergent brand poised for regional dominance. With our skilled VP of Store Development providing guidance and an exceptional support team backing you, the sky's the limit for what we can achieve together. Are you ready to dive in and help us redefine the car wash experience in the Northeast?

Frequently Asked Questions (FAQs) for Real Estate Manager Role at Spark Car Wash

What are the main responsibilities of a Real Estate Manager at Spark Car Wash?

As a Real Estate Manager at Spark Car Wash, you will be responsible for implementing strategic market plans, identifying prime real estate sites, managing a broker network, conducting site feasibility studies, and negotiating leases or purchase contracts. Your role will be central in supporting the company’s aggressive growth goals in the Philadelphia market.