Single-Tenant Express Car
For Sale
Contact for pricing
208 Willie Ray Dr, Cabot, AR 72023
Brand-new 2021 construction express car wash with a splash tunnel, offered as an absolute NNN investment.
Property Size5,360 SF
Price / SF$908.96
Days on Market1638
Property Features for 208 Willie Ray Dr
General Information
Standard status
Active
Size
5,360 SF
Property subtype
RETAIL
Building Details
Year Built
2021
Tenancy
Single
Listing Agency:
Colliers - Little Rock
(501) 416-1958
Listed By:
Mason Lewis, CCIM, SIOR · License #01809955
(501) 416-1958
Source:
Moodyscre
Added: Feb 3, 2022
Changed: Jul 25
Last Checked: Jul 30 at 2:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Little Rock
Investment Insights
Based on property information with market context.
This brand-new 2021 construction single-tenant express car wash operates with a splash tunnel (express wash) setup. The offering is structured as an absolute net leased investment with zero landlord responsibilities, secured by a full-term personal and corporate guaranty from a $25+ million net worth guarantor. The lease features a 20-year base term with two additional 5-year options and 1.5% annual rental escalations.
The property is a fee simple investment that includes both land and building and is presented as a depreciable asset.
The tenant has more than 20 years of operational history with 13+ locations in Arkansas and ongoing growth. Operational performance described in the remarks includes 15,000+ unlimited wash members and 700,000+ washes performed annually.
The property is a fee simple investment that includes both land and building and is presented as a depreciable asset.
The tenant has more than 20 years of operational history with 13+ locations in Arkansas and ongoing growth. Operational performance described in the remarks includes 15,000+ unlimited wash members and 700,000+ washes performed annually.
Key Highlights
- Brand‑new 2021 construction single‑tenant express car wash with splash tunnel.
- Absolute NNN lease structure with zero landlord responsibilities.
- 20‑year base term with two 5‑year options; 1.5% annual rental escalations.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 72023, AR
37,321
Population
14,901
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
94%
High-School Grad
98.2 sq mi
ZIP Area
380
Density / Sq Mi
$76,157
Median Household Income
$45,363
Median Earnings
$978
Median Rent
$202,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Car wash - Brand-new 2021 construction express car wash with a splash tunnel, offered as an absolute NNN investment.
Where is this car wash located?
The property is located at 208 Willie Ray Dr Cabot, AR.
What is the asking price?
The asking price for this property is $4,872,000.
What are key features of this property?
This property features: Brand‑new 2021 construction single‑tenant express car wash with splash tunnel.; Absolute NNN lease structure with zero landlord responsibilities.; 20‑year base term with two 5‑year options; 1.5% annual rental escalations.
