Whitewater Express Car
For Sale
$4,446,582
701 Fort Worth Hwy, Weatherford, TX 76086
Car wash facility completed in 2022.
Property Size7,745 SF
Price / SF$574.12
Days on Market162
Property Features for 701 Fort Worth Hwy
General Information
Standard status
Active
Size
7,745 SF
Property subtype
Car Wash
Lease Type
Absolute Net
Additional Details
Business Included
Yes
Amenities
Over 15-Years Remaining | Absolute NNN Lease
Annual Rent Increases
Corporate Guarantee: Whitewater Holding Company, LLC (141 Locations)
Building Details
Building Size
7,745 SF
Listed By:
Jason Hernandez · License #License(s): CA: 01392646, TN: 377081
(615) 997-2834
Source:
Marcusmillichap
Added: May 8
Changed: Oct 13
Last Checked: Oct 14 at 7:33PM
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 Jason Hernandez
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Investment Insights
Based on property information with market context.
This Whitewater Express car wash property comprises 7,745 square feet and was completed in 2022. The asset is located at 701 Fort Worth Highway in Weatherford, Texas, within ZIP code 76086. Property information identifies the asset specifically as a car wash, with the Whitewater Express name associated with the listing. The available details support a straightforward profile of a recently built automotive property at an established highway address.
Key Highlights
- 7,745‑square‑foot car wash property
- Completed in 2022
- 701 Fort Worth Highway address
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,382
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,667,640
$2.7M
Cap Rate 7%
$1,905,457
$1.9M
Cap Rate 9%
$1,482,022
$1.5M
Market Conditions
NOI Build-Up for 7,745 SF
Gross rent
$186.8K $24.12/SF
− Vacancy
−$9.0K −$1.16/SF
EGI
$177.8K $22.96/SF
− OpEx
−$44.5K −$5.74/SF
NOI
$133.4K $17.22/SF
Area
Parker County, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,667,640
Cap Rate 7%
$1,905,457
Cap Rate 9%
$1,482,022
Alternative Uses
Best Use
Industrial
$7.70M
$6.73M – $8.98M
NOI $538,713 @ 7.0% cap · market cap 12.12%
Second Best
Specialty Retail
$1.91M
$1.67M – $2.22M
NOI $133,382 @ 7.0% cap · market cap 3.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Groceries 40%
Dining 11%
Albertsons
Groceries
40,668 visits/mo
0.5 miles
Murphy USA
Shops & Services
19,496 visits/mo
0.4 miles
Sunoco
Shops & Services
6,677 visits/mo
0.1 miles
Pantry
Shops & Services
6,421 visits/mo
0.4 miles
Chevron
Shops & Services
5,292 visits/mo
0.4 miles
Demographics for 76086, TX
21,429
Population
9,689
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
13.8 sq mi
ZIP Area
1,553
Density / Sq Mi
$61,415
Median Household Income
$38,347
Median Earnings
$1,389
Median Rent
$235,100
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
Frequently Asked Questions
What type of property is this?
Car wash - Car wash facility completed in 2022.
Where is this car wash located?
The property is located at 701 Fort Worth Hwy Weatherford, TX.
What is the asking price?
The asking price for this property is $4,446,582.
What are key features of this property?
This property features: 7,745‑square‑foot car wash property; Completed in 2022; 701 Fort Worth Highway address
