Tenancy: Whistle Express
Building Size: 5,142 SF
Renewal Options: Four, 5-Year
Lease Expiration: 12/27/2040
Rental Increases: 1.85% Annual
• Whistle Express Car Wash:
∘ Corporately guaranteed lease by Whistle Express
∘ Absolute NNN Lease with zero landlord responsibilities
∘ 18.5-years remaining on initial lease term with four 5-year options
∘ 2.00% annual increases during primary term and options
» Upcoming increase in April 2026
• About Whistle Express Car Wash:
∘ 530 locations across 23 states
∘ Private equity backed by Oaktree Capital Management, with $209B+ AUM
∘ Recently Acquired Take 5 Car Wash, tripling the brand’s footprint (Link to Article)
∘ Expanding Rapidly through Acquisition & Greenfield Development
• Sale Includes the Car Wash Equipment: Providing a unique opportunity for additional
depreciation
• #1 Ranked Whistle Express by Traffic within 15-mi & 95th Percentile in TX (Placer.AI)
• Excellent Visibility with direct Ingress & Egress Access to a 22,000+ CPD Roadway
• Adjacent to Whataburger, providing for supplemental daily traffic through the express Car Wash
• Excellent Surrounding Demographics: $128k+ Average Household Incomes & 222k+ Population Density within 5-mi radius
• Positioned in the primary retail corridor of Saginaw:
o 5-min drive to Walmart Supercenter, Sprouts Farmers Market, & Kroger
o Nearby Walmart, Starbucks, Chick-Fil-A, & Cava, among other nationally recognized retailers
• Booming Residential Development Nearby:
o Range West – New, 261-Unit garden-style apartment community under construction
o Grand at Saginaw – 236-unit luxury apartment community recently completed
• 35-min Drive to Dallas Fort Worth International Airport:
o #3 busies commercial airport in North America
o Servicing 81 million commercial passengers annually
• Dallas-Fort Worth MSA Location: #1 Largest in Texas with 8.1M+ residential population
• No State Income Tax: Attractive for any out-of-state Investor
