Skip to main content

Car Wash

Whistle Express Car Wash

601 Cape Coral Pkwy W, Cape Coral, FL 33914

Listing Price: $5,800,000

Cap Rate
6.25%
Tenant Name
Whistle Express Car Wash
Years Remaining On Lease
18.9
Gross SF
3,675
Guarantor
Corporate Guarantee
Rentable SF
3,675
Price/Gross SF
$1,578.23
Lease Type
Absolute Net
Rent Per Square Feet
$98.62

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.

Cape Coral is the largest city in Lee County and one of the fastest-growing cities in the state. Incorporated in 1970, Cape Coral was developed as a master-planned waterfront community and is now known for having over 400 miles of navigable canals, more than any other city in the world.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction
  • Eight Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Number One Largest Car Wash Operator in the U.S. with Over 530 Locations Across 23 States
  • Whistle Express Car Wash Acquired Take 5 Car Wash in April 2025, More Than Tripling the Company's National Footprint
  • Property Qualifies for 100 Percent Bonus/Accelerated Depreciation
  • Densely-Populated Tampa Trade Area - 256,426 Residents within a Five-Mile Radius
  • Households and Population Projected to Increase Approximately Over Four Percent in the Surrounding Area Over the Next Five Years
  • Average Household Income Exceeds $100,000 in the Surrounding Area

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Car Wash

Whistle Express Car Wash

Listing Price: $5,800,000

Cap Rate
6.25%
Tenant Name
Whistle Express Car Wash
Years Remaining On Lease
18.9
Gross SF
3,675
Guarantor
Corporate Guarantee
Rentable SF
3,675
Price/Gross SF
$1,578.23
Lease Type
Absolute Net
Rent Per Square Feet
$98.62

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction
  • Eight Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Number One Largest Car Wash Operator in the U.S. with Over 530 Locations Across 23 States
  • Whistle Express Car Wash Acquired Take 5 Car Wash in April 2025, More Than Tripling the Company's National Footprint
  • Property Qualifies for 100 Percent Bonus/Accelerated Depreciation
  • Densely-Populated Tampa Trade Area - 256,426 Residents within a Five-Mile Radius
  • Households and Population Projected to Increase Approximately Over Four Percent in the Surrounding Area Over the Next Five Years
  • Average Household Income Exceeds $100,000 in the Surrounding Area

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. Cape Coral is the largest city in Lee County and one of the fastest-growing cities in the state. Incorporated in 1970, Cape Coral was developed as a master-planned waterfront community and is now known for having over 400 miles of navigable canals, more than any other city in the world.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

MM Texture Background
MM Textured Background Lower