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8301 Bch St Fort Worth, TX 76244-4975

Car washes Google Maps
4,555 SF 1.6 ac lot Built 2007
Entity Owned 5-yr Hold Absentee Owner Free & Clear
No photos on file
For Sale
Contact for pricing 4,555 SF
8301 Bch St, Fort Worth, TX 76244-4975
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Estimated value (blended)
$610k
Range $549k – $671k (±10%)
Property ID US82-3482623

Property summary

AI-generated overview

This exceptional investment opportunity presents a newly renovated, fee-simple WhiteWater Express Car Wash in Fort Worth, Texas. The property boasts a 4,722 square foot building situated on a 1.6-acre lot at 8301 N Beach St, 76244, within a high-growth area. The property features a 17-year remaining lease (through 12/31/2040) with a reputable, multi-state operator backed by a $500 million net worth corporate guarantor. The absolute NNN lease structure ensures minimal landlord responsibilities, with annual rent increases of 1.25%. Built in 2007 and renovated in 2020, this car wash generates a substantial NOI of $300,000, representing a 6.75% cap rate on the $4,445,000 asking price. The lease includes four 5-year renewal options at fair market value. This prime location benefits from strong demographics, including a high average household income within a one-mile radius and significant population growth. The property's strong cash flow and long-term lease make it an ideal investment for those seeking a low-maintenance, high-return asset in a thriving market. The property is ideally suited for bonus depreciation. This is a rare opportunity to acquire a well-established, high-performing car wash in a rapidly expanding Texas market.

Property profile

Verified
Property type Car washes
Use group CAR WASH - AUTOMATED
Year built 2007
Total area 4,555 SF
Lot 1.6 ac (69,870 SF)
APN 28317-A-4
UPID US82-3482623

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
$809k
Blend (final) Blend
$610k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2020
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $770,000 +50.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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