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Car Wash with Triple Net Lease
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427 Bridge Street, Washington, NC 27889

Single-tenant car wash on a 0.78-acre parcel, built in 2022, with a 20-year NNN lease.

Property Size4,230 SF
Price / SF$1,291
Days on Market54

Property Features for 427 Bridge Street

General Information

Standard status Active
Size 4,230 SF
Property subtype Retail, Special Purpose
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $368,770

Building Details

Year Built 2022
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Jul 23 Changed: Sep 13 Last Checked: Sep 14 at 7:29AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This Whistle Express car wash operates under a single-tenant, 20-year Triple Net (NNN) lease. The property includes approximately 4,230 rentable square feet of building space on an estimated 0.78-acre parcel.

The lease commenced 11/21/2022, with scheduled increases of 2.00% annually. The building was constructed in 2022.

The site is presented as a for-sale offering at 427 Bridge Street, Washington, NC 27889, providing investors with an NNN structure and a defined lease term for underwriting considerations.

Key Highlights

  • Approximately 4,230 rentable square feet car wash building
  • Estimated 0.78‑acre parcel
  • 20‑year Triple Net (NNN) lease

Property Analytics

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Current Use

Whistle Express Car ... Car Wash

Suggested Use

Top Pick Building Supply Storage Facility Big Box & Wholesale Store HVAC Service Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 27% Apparel 3% Home Improvements & Furnishings 3%
Waffle House Dining
7,901 visits/mo 0.4 miles
Shell Shops & Services
7,174 visits/mo 0.4 miles
76 Shops & Services
4,516 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
3,657 visits/mo 0.1 miles
United Bank Shops & Services
2,515 visits/mo 0.4 miles

Demographics for 27889, NC

26,054
Population
12,956
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
87%
High-School Grad
176.1 sq mi
ZIP Area
148
Density / Sq Mi
$52,694
Median Household Income
$36,058
Median Earnings
$847
Median Rent
$184,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Car wash - Single-tenant car wash on a 0.78-acre parcel, built in 2022, with a 20-year NNN lease.
Where is this car wash located?
The property is located at 427 Bridge Street Washington, NC.
What is the asking price?
The asking price for this property is $5,463,255.
What are key features of this property?
This property features: Approximately 4,230 rentable square feet car wash building; Estimated 0.78‑acre parcel; 20‑year Triple Net (NNN) lease
(332) 345-4222 Call to check price and availability
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