Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Whistle Express Car Wash located at 1510 Norman Drive in Valdosta, Georgia, the largest city within the Valdosta Metropolitan Statistical Area, serving a population of approximately 151,000 residents. The Property consists of a freestanding 1,950-square-foot express car wash situated on a 1.41-acre parcel and is secured by a newly executed 25-year absolute NNN lease backed by a corporate guarantee. Valdosta serves as the economic and commercial center of South Georgia, benefiting from a diverse employment base anchored by higher education, military operations, manufacturing, agriculture, and forestry. The city is home to Valdosta State University, which enrolls more than 12,000 students, while nearby Moody Air Force Base, located approximately 10 miles northeast, supports thousands of active-duty personnel, civilian employees, and military families. Historically recognized as the “Naval Stores Capital of the World,” the region remains an important producer of pine-derived products, including turpentine, lumber, pulpwood, and related forestry products. The Property is positioned within a well-established residential corridor surrounded by numerous apartment communities, including 805 Harmon Heights, Maple on Melody, The Grand at Lake Sheri, The Gables of Saint Augustine, 707 Baytree Apartments, Ashton Park Apartment Homes, and Valdosta Properties. Continued residential expansion is further supported by nearby developments such as Cypress Lakes Subdivision and Worthington Woods, reinforcing the area’s long-term population growth and housing demand. The immediate trade area is also home to numerous national and regional retailers including Academy Sports, Sams’s Club, Walmart Super Center, Aldi, Cheddar’s Scratch Kitchen, McDonald’s, Wendy’s, IHOP, Bojangles, Dunkin, and numerous others. The absolute NNN lease commenced on January 1, 2025, and extends through December 31, 2049, providing investors with predictable, long-term passive income and no landlord responsibilities. Rental income increases by 2% annually beginning January 1, 2029, and the lease includes four additional five-year renewal options, offering meaningful long-term income growth and investment security. Whistle Express Car Wash is the largest express car wash operator in the United States, with a network of more than 540 locations across 23 states and a workforce exceeding 2,000 employees. Headquartered in Charlotte, North Carolina, the company has experienced significant expansion since its founding in 2014. Its 2025 acquisition of Take 5 Car Wash from Driven Brands further strengthened its national footprint and established Whistle Express as the industry’s largest express car wash platform.