Car Wash
WhiteWater Express (1.59-Acre Site)
111 Sparta Rd, Belton, TX 76513
Listing Price: $1,910,000
Investment Overview
Offered for sale is a new construction WhiteWater Express car wash located in Belton, Texas, operating under a 20-year corporate ground lease. The property generates an initial NOI of $105,000 with 2% annual rent escalations, offering approximately 49% cumulative rent growth over the base term. Strategically positioned along a dominant retail corridor anchored by Walmart Supercenter and H-E-B Plus, the site benefits from strong traffic counts and consumer draw. The asset provides passive income backed by a rapidly expanding operator with a significant presence across Texas and the Sun Belt.
Investment Highlights
- New 20-Year Ground Lease With 2% Annual Rent Escalations
- Strong Visibility on Sparta Road (10,090 VPD) Just Off North Main Street (21,707 VPD)
- Regional Retail Corridor Anchored by Walmart Supercenter and H-E-B Plus
- New Construction Express Car Wash on 1.59-Acre Site | Q2 2026 Delivery
- Expanding Market Along the Austin–Waco Corridor | 78,677 Residents (5-Mile Radius)
- Cross Access With Adjacent Take 5 Oil Change | Auto Tenant Synergy
- WhiteWater Express Car Wash | 140+ Locations Across Seven States
Exclusively Listed By
Listing Price: $1,910,000
Investment Highlights
- New 20-Year Ground Lease With 2% Annual Rent Escalations
- Strong Visibility on Sparta Road (10,090 VPD) Just Off North Main Street (21,707 VPD)
- Regional Retail Corridor Anchored by Walmart Supercenter and H-E-B Plus
- New Construction Express Car Wash on 1.59-Acre Site | Q2 2026 Delivery
- Expanding Market Along the Austin–Waco Corridor | 78,677 Residents (5-Mile Radius)
- Cross Access With Adjacent Take 5 Oil Change | Auto Tenant Synergy
- WhiteWater Express Car Wash | 140+ Locations Across Seven States
Investment Overview
Offered for sale is a new construction WhiteWater Express car wash located in Belton, Texas, operating under a 20-year corporate ground lease. The property generates an initial NOI of $105,000 with 2% annual rent escalations, offering approximately 49% cumulative rent growth over the base term. Strategically positioned along a dominant retail corridor anchored by Walmart Supercenter and H-E-B Plus, the site benefits from strong traffic counts and consumer draw. The asset provides passive income backed by a rapidly expanding operator with a significant presence across Texas and the Sun Belt.
Exclusively Listed By