Freestanding Express Car
New
For Sale
$3,480,116
701 W Ridge Rd, Pharr, TX 78577
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 Market3
Property Features for 701 W Ridge Rd
General Information
Standard status
Active
Size
3,034 SF
Lot size
1.65 Acres
Property subtype
Car Wash
Lease Type
NNN
Additional Details
Cap Rate
6%
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
3,034 SF
Buildings
1
Listing Agency:
Marcus & Millichap
(786) 522-7054
Listed By:
Ricardo Esteves · License #License(s): FL: SL3402581, FL: BK3402581
(786) 522-7054
Source:
Marcusmillichap
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 2:27AM
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
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
145k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 72%
Dining 28%
H-E-B
Groceries
104,684 visits/mo
0.5 miles
McDonald's
Dining
34,400 visits/mo
0.4 miles
Pizza Hut
Dining
4,538 visits/mo
0.4 miles
SUBWAY
Dining
1,608 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
