Car Wash
Whitewater Express Car Wash
701 Fort Worth Hwy, Weatherford, TX 76086
Listing Price: $4,578,659
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
Financing By
Listing Price: $4,578,659
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
Financing By