Express Car Wash with Absolute NNN
New
For Sale
$7,131,521
2870 Fort Worth Hwy, Hudson Oaks, TX 76087
Established express car wash operating under a long-term triple-net lease with scheduled increases and extension options.
Property SizeContact for details
Days on Market3
Property Features for 2870 Fort Worth Hwy
General Information
Standard status
Active
Property subtype
Specialty
Additional Details
Cap Rate
5.75%
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Fort Lauderdale
Listed By:
Christopher Twist
(561) 602-8390
Source:
Colliers
Added: Sep 15
Last Checked: Sep 16 at 12:09PM
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 Fort Lauderdale
Investment Insights
Based on property information with market context.
This established express car wash occupies a fee-simple property at 2870 Fort Worth Highway in Hudson Oaks, Texas. Car wash operations have been present at the corner for roughly 15 years, and the current WhiteWater Express operation benefits from an existing local customer base.
The property is subject to an absolute NNN lease through December 31, 2040, followed by four 5-year extension options. Contractual rent increases of 1.25% occur each October 1 during the initial term and option periods. The lease is fully guaranteed by WhiteWater Holding Company, LLC, with rent payable without offset. The landlord has no maintenance, repair, or capital obligations under the lease. The asset also carries 100% bonus depreciation eligibility.
The property is subject to an absolute NNN lease through December 31, 2040, followed by four 5-year extension options. Contractual rent increases of 1.25% occur each October 1 during the initial term and option periods. The lease is fully guaranteed by WhiteWater Holding Company, LLC, with rent payable without offset. The landlord has no maintenance, repair, or capital obligations under the lease. The asset also carries 100% bonus depreciation eligibility.
Key Highlights
- WhiteWater Express car wash at 2870 Fort Worth Highway in Hudson Oaks, Texas
- Absolute NNN lease runs through December 31, 2040
- Four 5‑year extension options follow the initial lease term
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
336k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Superstores 26%
Shops & Services 13%
Electronics 4%
Walmart
Superstores
87,209 visits/mo
0.1 miles
Chuy's
Dining
25,175 visits/mo
0.3 miles
Murphy USA
Shops & Services
23,034 visits/mo
0.1 miles
McDonald's
Dining
22,444 visits/mo
0.0 miles
Dutch Bros. Coffee
Dining
16,116 visits/mo
0.1 miles
Demographics for 76087, TX
33,346
Population
13,290
Households
2.5
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
185.5 sq mi
ZIP Area
180
Density / Sq Mi
$108,499
Median Household Income
$59,622
Median Earnings
$1,775
Median Rent
$352,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Car wash - Established express car wash operating under a long-term triple-net lease with scheduled increases and extension options.
Where is this car wash located?
The property is located at 2870 Fort Worth Hwy Hudson Oaks, TX.
What is the asking price?
The asking price for this property is $7,131,521.
What are key features of this property?
This property features: WhiteWater Express car wash at 2870 Fort Worth Highway in Hudson Oaks, Texas; Absolute NNN lease runs through December 31, 2040; Four 5‑year extension options follow the initial lease term
