


701 Fort Worth Highway
Weatherford, TX 76086
Price:
$4,446,582
Cap Rate:
6.50%
NOI:
$289,028
Ownership Type:
Fee Simple
Building Size:
7,745 SF
Lot Size:
2.71 AC
Lease Type:
Absolute NNN
Term Remaining:
16 Years
Rent Increases:
1% Annually
Lease Options:
4, 5-Year
Guarantor:
Whitewater Holding Company, LLC
Single tenant car wash, fee simple ownership providing potential bonus depreciation benefits for new investor Passive long-term lease structure with no Landlord maintenance or management responsibilities whatsoever 1% Annual Rent Increases during the primary 20-year term
The Dallas-Fort Worth MSA has rapidly expanded to over 8.6M residents Weatherford has also rapidly expanded with over 50,000 residents within a 5-Mile radius of the subject property reporting average household incomes of $102,872
Headquartered in Houston, Texas and rapidly expanding car was operator Specializing in quality express service utlizing a proprietary membership platform Financial reporting included in the lease, see agent for further details
Senior Managing Director, Investments
(925) 989-8198
jason.hernandez@marcusmillichap.com
Senior Associate
(203) 962-2042
jack.oneill@marcusmillichap.com
Associate
(901) 612-0515
jackson.lyons@marcusmillichap.com