Investment Overview

Marcus & Millichap is pleased to present for sale this Whistle Express Car Wash located at 4200 Boat Club Road in Fort Worth, Texas, the fifth-most populous city in Texas and the 13th-most populous city in the United States with a population of ±956,709. This freestanding, single-tenant property features a 4,152-squarefoot building situated on a 1.41-acre parcel, and is secured by a brand-new 25- year absolute NNN lease with a corporate guarantee. Fort Worth is the second-largest city in the Dallas–Fort Worth–Arlington Metropolitan Area, one of the fastest-growing regions in the country. The city is home to several major universities including Texas Christian University, Texas Wesleyan University, University of North Texas Health Science Center, and Texas A&M University School of Law. It also boasts a strong corporate presence, serving as headquarters for Bell Textron, American Airlines, BNSF Railway, and Chip 1 Exchange. The property benefits from strong surrounding demand drivers, including Tarrant College with 36,246 students, Northwood University with 1,038 students, Greenfield Elementary School with 671 students, Texas Health Harris Medical Center with 726 beds, and Fort Worth Meacham International Airport. The area also offers excellent residential density with numerous apartment communities nearby such as Alton Park Apartments (195 units), The Reserve at Quebec (296 units), The Terraces of Marine Creek, Sanson Bluff, Ascent Lake Worth, and Summiton Lake Apartments. Within a five-mile radius, the property serves 171,585 residents with projected population growth of 5.6% by 2029 and an average household income of $91,989. The lease commenced on January 1, 2025, and runs through December 31, 2049, providing investors with long-term, stable cash flow and zero landlord responsibilities. The lease includes 2 percent annual rental increases beginning January 1, 2029, along with four five-year renewal options, ensuring built-in income growth and long-term security. Whistle Express Car Wash is the largest express car wash operator in the United States with more than 540 locations across 23 states and over 2,000 employees. Headquartered in Charlotte, North Carolina, the company has grown rapidly since its founding in 2014, including the transformative 2025 acquisition of Take 5 Car Wash from Driven Brands, which solidified its position as the nation’s market leader.