| Price $4,615,000 | Built/Renov 2024 | Tenant WhiteWater Express Car Wash |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,109
| Lease Start
04-01-2024
| #Units
110
|
| Price/SF $1,123.14 | Expiration
03-31-2044
| Tenant Type Automotive |
| NOI $300,000 | R. Term 19.10 | Ownership Fee Simple |
| Rent/SF
$73.01
| Increases 1.3%/1/yrs | Pop 5Mi 169,545 |
| Lot/AC 1.18 | Options 4/5yrs/1.25% | AHHI 5Mi $116,557 |
| | |
WhiteWater Express Car Wash is strategically located on Interstate 35, with access to a high daily traffic count of 84,000 vehicles. The property is situated within Commerce Park, a 147-acre mixed-use business park, surrounded by well-known national tenants such as Walmart, Atwood’s Farm and Ranch, Starbucks, and more. Additionally, Commerce Park hosts several warehousing businesses such as...
...New construction
Build to suit
High traffic 50M+ VPD
Freeway visibility
Major MSA
Income tax free state
Brand new lease
Long 20+ yr lease
Annual rent increases
Corporate Guarantee
WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,847 | 28,913 | 80,818 |
| 2023 Total Population : | 2,805 | 28,453 | 77,667 |
| 2023 Employed Civilian Pop : | 1,431 | 14,790 | 38,994 |
| 2023 Total Businesses : | 134 | 932 | 3,564 |
| 2023 Average Household Income : | $ 103,992 | $ 110,393 | $ 96,103 |
| 2023 Total Consumer Spending : | $ 100 M | $ 1008 M | $ 2489 M |
| 2023 Median Age : | 38 | 39 | 39 |
| 2023 Total Households : | 1,130 | 10,676 | 29,948 |
| 2023 Pop Age 25+: Bachelor's Degree : | 488 | 5,173 | 12,676 |
| 2023 Average Home Value : | $ 218,489 | $ 236,995 | $ 245,743 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Greig Dr W | I- 35 Svc Rd | 2010 | 970 | 0.11 mi |
| Sun Valley Boulevard | Spring Valley Rd | 2022 | 16,150 | 0.18 mi |
| Sun Valley Blvd | I- 35 Svc Rd | 2010 | 9,380 | 0.23 mi |
| Sun Valley Blvd | Mc Lemore | 2002 | 11,000 | 0.30 mi |
| East Spring Valley Road | Enterprise Blvd | 2022 | 3,796 | 0.33 mi |
| Greig Dr W | Heston Cir | 2010 | 1,520 | 0.46 mi |
| Attaway Rd | Willow Creek | 2010 | 720 | 0.50 mi |
| E Spring Valley Rd | Attaway Rd | 2002 | 4,800 | 0.54 mi |
| North Old Temple Road | Lancelot Cir | 2022 | 11,734 | 0.69 mi |
| Surrey Ridge Ln | I- 35 Svc Rd | 2010 | 760 | 0.71 mi |
Monticello, AR
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 5,684
Orange, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 5,418
Spring Hill, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 3,445
Oregon, OH
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 3,760
Niceville, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 5,376
Springfield, OH
Cap Rate 6.25%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 3,345
West Allis, WI
Cap Rate 6.75%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 3,500
Sherwood, AR
Cap Rate 7.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 5,968
Golden, CO
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 5,556
Charlotte, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 3,554
Vero Beach, FL
Cap Rate 6.75%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 3,286
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
