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    OFF-MARKET Estimated value $610,000
    Car washes

    8301 Bch St, Fort Worth, TX 76244-4975

    4,555 SF 1.6 ac lot Built 2007
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • WhiteWater Express Car Wash 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
    Scf Rc Funding IV LLC · 5 yrs held
    Scf Rc Funding IV LLC
    since 2020
    3 recorded transactions
    2020
    2020
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $770,000 +50.6%
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