Property summary
This exceptional investment opportunity presents a brand-new, 5,150-square-foot Class A car wash in Pea Ridge, Arkansas. Located on a 1.13-acre lot at 323 Slack St, 72751, this property boasts a 20-year absolute NNN lease with Splash Car Wash, a major Arkansas operator, expiring November 30, 2044. The lease includes a corporate guarantee and features favorable 2% annual rent bumps. The property generated a Net Operating Income (NOI) of $365,627 in 2024, representing an 8.00% cap rate on the $4,570,338 asking price. Built in 2024, this strategically positioned car wash benefits from high daily traffic counts exceeding 8,000 vehicles and enjoys excellent visibility along a major retail corridor. The business is situated in a rapidly growing community with robust demographics, near significant retail and housing developments. The affluent area boasts an average household income exceeding $109,000 within a 5-mile radius, further enhancing the investment's potential. The property's location offers proximity to the Walmart Global HQ and Rogers Municipal Airport, contributing to its long-term growth prospects. The investment also offers significant tax advantages through bonus depreciation. This is a service-based, internet-resistant, and recession-proof investment in a rapidly expanding $15 billion industry.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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