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Car Wash

Whistle Express Car Wash

2530 Pea Ridge Rd, Clarksville, TN 37040

Listing Price: $6,346,000

Cap Rate
6.25%
Tenant Name
Whistle Express Car Wash
Years Remaining On Lease
19.2
Gross SF
3,675
Guarantor
Corporate Guarantee
Rentable SF
3,675
Price/Gross SF
$1,726.80
Lease Type
Absolute Net
Rent Per Square Feet
$107.93

Investment Overview

Whistle Express Car Wash prides itself on delivering consumers and teammates a premium on-premise experience, including its Unlimited Fast Pass Membership Program, free towels, free vacuums, and free mat washing stations.

The county seat of Montgomery County, Tennessee, Clarksville is the fifth-largest city in the state with 166,722 residents as of the 2020 US Census. Clarksville is the principal city of the Clarksville, TN-KY metropolitan statistical area, which consists of Montgomery and Stewart counties in Tennessee, and Christian and Trigg counties in Kentucky.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction
  • 8% Rental Increases Every 5 Years with Multiple Renewal Options
  • Whistle Express Car Wash Acquired Take 5 Car Wash in April 2025, More Than Tripling the Company's National Footprint
  • #1 Largest Car Wash Operator in the U.S. with 530+ Locations Across 23 States
  • Households and Population Projected to Increase More Than 8% in the Surrounding Area Over the Next 5 Years
  • Densely-Populated Trade Area - 127,800 Residents within a 5-Mile Radius
  • Excellent Frontage Along TN-374, Easily Accessible by ±36,000 Cars per Day

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Car Wash

Whistle Express Car Wash

Listing Price: $6,346,000

Cap Rate
6.25%
Tenant Name
Whistle Express Car Wash
Years Remaining On Lease
19.2
Gross SF
3,675
Guarantor
Corporate Guarantee
Rentable SF
3,675
Price/Gross SF
$1,726.80
Lease Type
Absolute Net
Rent Per Square Feet
$107.93

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction
  • 8% Rental Increases Every 5 Years with Multiple Renewal Options
  • Whistle Express Car Wash Acquired Take 5 Car Wash in April 2025, More Than Tripling the Company's National Footprint
  • #1 Largest Car Wash Operator in the U.S. with 530+ Locations Across 23 States
  • Households and Population Projected to Increase More Than 8% in the Surrounding Area Over the Next 5 Years
  • Densely-Populated Trade Area - 127,800 Residents within a 5-Mile Radius
  • Excellent Frontage Along TN-374, Easily Accessible by ±36,000 Cars per Day

Investment Overview

Whistle Express Car Wash prides itself on delivering consumers and teammates a premium on-premise experience, including its Unlimited Fast Pass Membership Program, free towels, free vacuums, and free mat washing stations. The county seat of Montgomery County, Tennessee, Clarksville is the fifth-largest city in the state with 166,722 residents as of the 2020 US Census. Clarksville is the principal city of the Clarksville, TN-KY metropolitan statistical area, which consists of Montgomery and Stewart counties in Tennessee, and Christian and Trigg counties in Kentucky.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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