Tenancy: WhiteWater Express
Building Size: 4,555 SF
Renewal Options: Four 5-Year Options @ 1.25%
Lease Expiration: 12/31/2040
Rental Increases: 1.25% Annually

  • New Single-Tenant WhiteWater Express Car Wash:

    Corporately guaranteed lease by WhiteWater Express

    Absolute NNN with zero landlord responsibilities

    19-year initial lease term with four 5-year options

    17+ years of firm lease term remaining

    1.25% annual increases during primary term and options

    Top 10 Corporately-Owned Car Wash Operator in the Nation

    125 locations across 6 states throughout the South and Midwest

    Over 900 employees and growing rapidly

    50+ years of managerial experience

    Private equity backed by multi-billion dollar firm, Feeman Spogli & Co.

    High Traffic Location: Over 60,000 cars per day on the hard corner of Beach Street

    and Tarrant Parkway

    Prime Location on 30,000+ Cars per Day Roadway

    Excellent Demographics:

    $133,000+ average household income within a 3-mile radius

    297,000+ population within a 5-mile radius

    Strong Retail Synergy: Nearby tenants include Costco Wholesale, WinCo Foods,

    Walmart Supercenter, CVS/pharmacy, Walgreens, and other nationally recognized


    Strategically Positioned by I-35: The main interstate highway running through

    Texas, directly connecting Arkansas and Mexico

    Bonus Depreciation: Property qualifies for 80% bonus depreciation on car wash

    improvements (more info)

    Dallas Fort Worth MSA:

    #1 largest MSA in Texas

    #1 fastest growing population per capita in the USA

    #4 largest MSA in the USA with 10-year growth estimates of 20%

    Booming Apartment Development within Immediate Trade Area:

    Town Artisan Village | 374+ Townhomes & Upscale Apartments

    Monterra Village | 550+ Luxury Apartments

    25-Minute Drive to Dallas-Fort Worth International Airport:

    #2 international airport for total passengers

    Servicing 28 airlines to 260 destinations (193 domestic, 67 international)

    Service-Based, Internet-Resistant, and Recession-Proof Tenant

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Listing Details

Address: 8301, North Beach Street, Fort Worth, Texas, 76244

Price: $5,200,000

Cap Rate: 6.25%

Tenancy: Single Tenant

Status: Available