Whistle Express Car
1675 Union Avenue, Memphis, TN 38104
For Sale
Contact for pricing
The facility is leased under an absolute NNN structure with four five-year extension options.
Property Size3,848 SF
Lot Size0.68 Acres
Price / SF$1,487
Days on Market14
Property Features for 1675 Union Avenue
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Site & Location
Neighborhood
Traffic Count
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Building Details
Buildings
Tenancy
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Patrick R. Luther, CCIM · License TN #01912215
(480) 221-4221
Source:
Crexi
Added: Oct 27
Changed: Nov 8
Last Checked: Nov 8 at 5:37PM
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 SRS Real Estate Partners Newport Beach
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Investment Insights
Based on property information with market context.
Whistle Express Car Wash occupies approximately 0.68 acres at 1675 Union Avenue in Memphis and includes a 3,848-square-foot wash facility. The property is leased under an absolute NNN agreement, with a corporate guaranty from Express Wash Intermediate, LLC. Rent begins January 1, 2027. The initial term runs through December 31, 2049, with four five-year renewal options and annual rent increases of 1.90% during the initial term and option periods.
The site fronts Union Avenue, which carries approximately 28,000 vehicles per day, and is about three miles from Downtown Memphis. Nearby destinations include Methodist University Hospital, Le Bonheur Children’s Hospital, Regional One Health, Crosstown Concourse, and Playhouse on the Square. Retail and service businesses in the surrounding area include Kroger, Walgreens, AutoZone, Aldi, Firestone, and Gordon Food Service.
The site fronts Union Avenue, which carries approximately 28,000 vehicles per day, and is about three miles from Downtown Memphis. Nearby destinations include Methodist University Hospital, Le Bonheur Children’s Hospital, Regional One Health, Crosstown Concourse, and Playhouse on the Square. Retail and service businesses in the surrounding area include Kroger, Walgreens, AutoZone, Aldi, Firestone, and Gordon Food Service.
Key Highlights
- 3,848‑square‑foot car wash facility on approximately 0.68 acres
- Absolute NNN lease with corporate guaranty from Express Wash Intermediate, LLC
- Lease term runs through December 31, 2049, with four five‑year options
Property Analytics
Current Use
Lease Details
28,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,053
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
SONIC Drive In
Dining
21,160 visits/mo
0.4 miles
Bank of America
Shops & Services
8,157 visits/mo
0.1 miles
XFINITY Store by Comcast
Shops & Services
7,353 visits/mo
0.4 miles
Lenny's Sub Shop
Dining
4,405 visits/mo
0.4 miles
Jiffy Lube
Shops & Services
1,231 visits/mo
0.5 miles
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Frequently Asked Questions
What type of property is this?
Car wash - The facility is leased under an absolute NNN structure with four five-year extension options.
Where is this car wash located?
The property is located at 1675 Union Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $5,722,000.
What are key features of this property?
This property features: 3,848‑square‑foot car wash facility on approximately 0.68 acres; Absolute NNN lease with corporate guaranty from Express Wash Intermediate, LLC; Lease term runs through December 31, 2049, with four five‑year options
