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Car Wash

Whitewater Express Car Wash

701 Fort Worth Hwy, Weatherford, TX 76086

Listing Price: $4,578,659

Cap Rate
6.25%
Tenant Name
Whitewater Express Car Wash
Years Remaining On Lease
15.7
Guarantor
Corporate Guarantee
Rentable SF
7,745
Lease Type
Absolute Net
Rent Per Square Feet
$36.95

Investment Overview

Original 20-Year Corporate Absolute NNN Lease with Over 15-Years Remaining (Fee Simple)
Single tenant car wash, fee simple ownership providing potential bonus depreciation benefits for new investor
Passive long-term lease structure with no Landlord maintenance or management responsibilities whatsoever
1% Annual Rent Increases During the Primary 20-Year Term
The lease offers attractive predetermined rent increases of 1% annually during the primary 20-year lease term
Dallas-Fort Worth MSA (8.6M Residents) | Located Approximately 30 Minutes from Downtown Fort Worth
The Dallas-Fort Worth MSA has rapidly expanded to over 8.6M residents
Weatherford has also rapidly expanded with over 50,000 residents within a 5-Mile radius of the subject property reporting average household incomes of $102,872
Corporate Guarantee from Whitewater Holding Company, LLC (141 Locations)
Headquartered in Houston, Texas and rapidly expanding car was operator
Specializing in quality express service utlizing a proprietary membership platform
Financial reporting included in the lease, see agent for further details

Investment Highlights

  • Over 15-Years Remaining | Absolute NNN Lease
  • Annual Rent Increases
  • Corporate Guarantee: Whitewater Holding Company, LLC (141 Locations)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Car Wash

Whitewater Express Car Wash

Listing Price: $4,578,659

Cap Rate
6.25%
Tenant Name
Whitewater Express Car Wash
Years Remaining On Lease
15.7
Guarantor
Corporate Guarantee
Rentable SF
7,745
Lease Type
Absolute Net
Rent Per Square Feet
$36.95

Investment Highlights

  • Over 15-Years Remaining | Absolute NNN Lease
  • Annual Rent Increases
  • Corporate Guarantee: Whitewater Holding Company, LLC (141 Locations)

Investment Overview

Original 20-Year Corporate Absolute NNN Lease with Over 15-Years Remaining (Fee Simple) Single tenant car wash, fee simple ownership providing potential bonus depreciation benefits for new investor Passive long-term lease structure with no Landlord maintenance or management responsibilities whatsoever 1% Annual Rent Increases During the Primary 20-Year Term The lease offers attractive predetermined rent increases of 1% annually during the primary 20-year lease term Dallas-Fort Worth MSA (8.6M Residents) | Located Approximately 30 Minutes from Downtown Fort Worth The Dallas-Fort Worth MSA has rapidly expanded to over 8.6M residents Weatherford has also rapidly expanded with over 50,000 residents within a 5-Mile radius of the subject property reporting average household incomes of $102,872 Corporate Guarantee from Whitewater Holding Company, LLC (141 Locations) Headquartered in Houston, Texas and rapidly expanding car was operator Specializing in quality express service utlizing a proprietary membership platform Financial reporting included in the lease, see agent for further details

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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