Rehold

WhiteWater Express Car Wash | Tulsa, OK

4,296 SF Specialty Building Offered at $4,350,000 at a 6.90% Cap Rate in Tulsa, OK 74146

Asking Price $4,350,000

Property Type: Specialty
Square Feet: 4,296 SF
Price / Square Foot: $1,013

Listing Contacts

Jeff Lefko

Jeff Lefko

Verified Profile

Bill Asher

Bill Asher

Verified Profile

Property Info

Property Overview

20-Year Absolute NNN Corporate Lease | 110+ Unit Multi-State Operator Full Corporate Guaranty | Located within East Tulsa’s Primary Retail Trade Area

Property Details

Class: B
Year Built: 2016
Stories: 1
Property Subtype: Car Wash
Lot Size (sq. ft): 77,537 SF

Highlights

Single-Tenant WhiteWater Express Car Wash Adjacent to Top Performing Walmart Market: Corporate guaranteed lease ($500-million net worth)
Why Investors Choose WhiteWater Express Car Wash: WW leased properties have historically sold at a premium above most other car wash operator
The Subject Property is Located One Block from Highway 169 (111,850 CPD)
Significant Daytime Population: 112,117 employees within a 5-mile radius
High-Growth Trade Area: 40% population growth within a 3-mile radius from 2010 to 2020
Tulsa is the Second-Most Populous City in the State of Oklahoma: The Property is Just 15-Minutes from Downtown Tulsa

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