Back to Search

New Car Wash NNN Lease

208 Willie Ray Dr, Cabot, AR

View on Map

For Sale

Contact for pricing

New construction car wash with a 20-year NNN lease.

Type:RETAIL

Property size:

5,360 SF

Lot size:

4.15 Acres

Price / SF:

$908/SF

HighLights

Absolute NNN Lease with Zero Landlord Responsibilities and a 20‑Year Base Term.
Full Term Personal and Corporate Guaranty from a $25+ Million Net Worth Guarantor.
Brand New 2021 Construction of a Splash Tunnel (Express Car Wash).
20 Year Lease with 2, 5‑Year Options and 1.5% Annual Rental Escalations.
High Volume Business: 15,000+ Unlimited Wash Members and 700,000+ Annual Washes.
Fee Simple Investment (Land and Building) - Depreciable Asset.

We can help!

Listing Contact

Mason Lewis, CCIM, SIOR

Learn more

For Sale

Contact for pricing

New construction car wash with a 20-year NNN lease.

Type:RETAIL

Property size:

5,360 SF

Lot size:

4.15 Acres

Price / SF:

$908/SF

Added:: Feb 3, 2022
Days on Market:: 1600
Last Refresh:: May 19 at 9:33 pm

Property Features for 208 Willie Ray Dr

General Information

Standard status: Active
Size: 5,360 SF
Lot size: 4.15 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Mason Lewis, CCIM, SIOR

Listing agent Mason Lewis, CCIM, SIOR License #01809955

Listing office Colliers - Little Rock

Listing date Feb 3, 2022

Source Moodyscre

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

HighLights

Absolute NNN Lease with Zero Landlord Responsibilities and a 20‑Year Base Term.
Full Term Personal and Corporate Guaranty from a $25+ Million Net Worth Guarantor.
Brand New 2021 Construction of a Splash Tunnel (Express Car Wash).
20 Year Lease with 2, 5‑Year Options and 1.5% Annual Rental Escalations.
High Volume Business: 15,000+ Unlimited Wash Members and 700,000+ Annual Washes.
Fee Simple Investment (Land and Building) - Depreciable Asset.

Overview

This property features a brand new construction completed in 2021, designed as a single-tenant, absolute NNN leased investment with a 20-year base term. It operates as a Splash Tunnel (Express Car Wash). The absolute net lease structure ensures zero landlord responsibilities. The lease includes a full-term personal and corporate guaranty from a guarantor with a net worth exceeding $25 million. The lease has a 20-year term with two 5-year options and 1.5% annual rental escalations. This fee simple investment includes both the land and building, making it a depreciable asset. The tenant has over 20 years of successful operational history, with more than 13 locations in Arkansas and is continuing to grow. Splash is a high-volume business, with over 15,000 unlimited wash members and performs over 700,000 washes annually. The property benefits from strong access points and visibility due to its central location. Demographically, the area includes over 43,120 residents within a 5-mile radius, with an average household income exceeding $78,127 within the same radius. The property size is 5,360 square feet.

Location Intelligence

Current Use by Public Records

Splash Car Wash ... Auto Repair Shop Splash 10-Minute Oil ... Car Wash Splash Express Oil ... Auto Repair Shop

Suggested Use

Location Insight

Map
Local Demand

City: Cabot
County: Lonoke
State: Arkansas
Longitude: -92.0325
Latitude: 34.9817

Nearby Similar for Sale

$1,150,000

9,600 SF

Turnkey 12-Unit Townhome-Style Property

Twelve renovated townhome-style units across three buildings with updated finishes and serviced systems.

1099 W Elm St, Cabot, AR 72023

View Details
$970,000

6,324 SF

Commercial Property in Cabot, AR

Leased commercial property with development potential in Cabot, Arkansas.

3290 S 2nd Street, Cabot, AR 72023

View Details
$509,000

4,374 SF

Cabot Duplex Investment Opportunity

Two maintenance-free duplexes near schools, retail, and entertainment.

57 Cardinal Lane, Cabot, AR 72023

View Details
$725,000

1,431 SF

Turnkey Gas Station Convenience Store

Gas station with convenience store setup in Cabot, Arkansas.

815 S 2nd Street, Cabot, AR 72023

View Details
$799,000

8,720 SF

Income-Producing Property in Cabot

Fully occupied commercial property with long-term tenants in Cabot, Arkansas.

818-822 S 2 St, Cabot, AR

View Details
$725,000

1,431 SF

Turnkey Gas Station with Store

Gas station with convenience store setup in Cabot, Arkansas.

815 S 2nd St, Cabot, AR

View Details
$2,368,386

2,265 SF

NNN Leased Oil Change Facility

Single-tenant oil change facility with long-term absolute NNN lease.

208 Willie Ray Drive, Cabot, AR 72023

View Details
$1,075,000

18,360 SF

Retail or Flex Building ForSale

18,360 SF building on 1.26 acre lot.

207 S 2nd, Cabot, AR

View Details
$3,900,000

58,924 SF

Church and School on 5 Acres

58,924 SF church and school on 5.07 acres.

1122 S 2nd St, Cabot, AR 72023

View Details
$425,000

6,250 SF

Metal Warehouse Building

Versatile metal warehouse with immediate usability and convenient access for storage, distribution, and light industrial operations.

1101 W Elm Street, Cabot, AR 72023

View Details
$2,912,909

1,893 SF

Drive-Thru Restaurant For Sale

Drive-thru restaurant with a 12-year lease and highway access.

3090 Bill Foster Memorial Hwy, Cabot, AR

View Details
$957,188

10,545 SF

Retail Space with New Roof

Retail space featuring a new roof and below market rent.

814 W Main St, Cabot, AR 72023

View Details

For sale
Car washes
AR
Cabot
208 Willie Ray Dr

What type of property is this?

Car wash - New construction car wash with a 20-year NNN lease.

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: Absolute NNN Lease with Zero Landlord Responsibilities and a 20‑Year Base Term.; Full Term Personal and Corporate Guaranty from a $25+ Million Net Worth Guarantor.; Brand New 2021 Construction of a Splash Tunnel (Express Car Wash).

208 Willie Ray Dr, Cabot, AR

New construction car wash with a 20-year NNN lease.

Property Features for 208 Willie Ray Dr

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey 12-Unit Townhome-Style Property

Commercial Property in Cabot, AR

Cabot Duplex Investment Opportunity

Turnkey Gas Station Convenience Store

Income-Producing Property in Cabot

Turnkey Gas Station with Store

NNN Leased Oil Change Facility

Retail or Flex Building ForSale

Church and School on 5 Acres

Metal Warehouse Building

Drive-Thru Restaurant For Sale

Retail Space with New Roof

FAQs

Create New Password