8301 Bch St Fort Worth, TX 76244-4975
Property summary
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
VerifiedCap rate & NOI
Current use
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Car Wash
Value estimations
Owner & transaction history
Zoning & alternative use
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
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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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