Whitewater Express Car Wash — Sale in Weatherford, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Weatherford, TX 76086

Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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)

Market Context

This retail in Weatherford, TX is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Weatherford, TX — view the full market.

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