Freestanding Express Car
701 W Ridge Rd, Pharr, TX 78577
For Sale
$3,480,116
Express car wash with a long-term absolute NNN lease and corporate guarantee in an established Texas trade area.
Property Size3,034 SF
Lot Size1.65 Acres
Price / SF$1,147
Days on Market98
Property Features for 701 W Ridge Rd
General Information
Standard status
Size
Lot size
Property subtype
Lease Type
Additional Details
Cap Rate
Amenities
Newly Executed 25-Year Corporate Lease | Initial Term Runs Through December 2049
Long-Term Lease | More Than 23 Years Remaining on the Initial Lease Term
Absolute NNN Structure | Zero Landlord Responsibilities
Corporate Guarantee by Whistle Express Car Wash | Largest Express Car Wash Operator in U.S - 540+ Locations Across 23 States
Qualifies 100% Bonus Depreciation | Accelerated Tax Benefits Available
Premier Regional Retail Corridor | Surrounded by H-E-B Plus!, McDonald's, Walmart Supercenter, Burlington, Sam's Club, Lowe's, Costco, Starbucks, CVS, Whataburger, IHOP, and Numerous National Retailers
Strong Educational Presence Nearby | Minutes from South Texas College (8,340+ Students) and Rio Grande Valley College (700+ Students)
Texas is a No State Income Tax State
Building Details
Building Size
Buildings
Listing Agency:
Marcus & Millichap
Listed By:
Ricardo Esteves
(786) 522-7054
Source:
Marcusmillichap
Added: Aug 8
Changed: Nov 12
Last Checked: Nov 12 at 4:20AM
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 Marcus & Millichap
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Investment Insights
Based on property information with market context.
This freestanding express car wash contains 3,034 square feet on a 1.65-acre parcel at 701 W Ridge Road in Pharr, Texas. The property is subject to a 25-year absolute NNN lease supported by a corporate guarantee, with the term running from January 1, 2025, through December 31, 2049. The lease provides 2% annual rental increases beginning January 1, 2029, and includes four additional five-year renewal options.
The property is situated in the McAllen–Edinburg–Mission MSA and within a five-mile population base exceeding 166,000 residents. The surrounding trade area includes retailers and operators such as H-E-B, McDonald’s, Whataburger, CVS, Popeyes, Starbucks, IHOP, Circle K, Target, Dick’s Sporting Goods, Michaels, and Burlington. Pharr is also near the Pharr–Reynosa International Bridge, McAllen International Airport, South Texas College, and multiple healthcare providers.
The property is situated in the McAllen–Edinburg–Mission MSA and within a five-mile population base exceeding 166,000 residents. The surrounding trade area includes retailers and operators such as H-E-B, McDonald’s, Whataburger, CVS, Popeyes, Starbucks, IHOP, Circle K, Target, Dick’s Sporting Goods, Michaels, and Burlington. Pharr is also near the Pharr–Reynosa International Bridge, McAllen International Airport, South Texas College, and multiple healthcare providers.
Key Highlights
- 3,034‑square‑foot freestanding express car wash on a 1.65‑acre parcel
- 25‑year absolute NNN lease runs from January 1, 2025, through December 31, 2049
- Corporate guarantee supports the lease
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Groceries 27%
Shops & Services 4%
Starbucks
Dining
19,750 visits/mo
0.4 miles
Spec's
Groceries
10,772 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
6,772 visits/mo
0.5 miles
Lone Star National Bank
Shops & Services
1,669 visits/mo
0.5 miles
SUBWAY
Dining
1,629 visits/mo
0.4 miles
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Car wash - Express car wash with a long-term absolute NNN lease and corporate guarantee in an established Texas trade area.
Where is this car wash located?
The property is located at 701 W Ridge Rd Pharr, TX.
What is the asking price?
The asking price for this property is $3,480,116.
What are key features of this property?
This property features: 3,034‑square‑foot freestanding express car wash on a 1.65‑acre parcel; 25‑year absolute NNN lease runs from January 1, 2025, through December 31, 2049; Corporate guarantee supports the lease
