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27839933
27839934

2545 Perryton Pkwy, Pampa, TX 79065

MA
NY 10401294046
SURMOUNT
FP
NY 10401333619
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
WB
NY 10401399346
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$5,333,333
240 days on market
Updated 51 days ago

Tidal Wave Auto Spa

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 3,250
Cap Rate 6.75%
NOI $360,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 20
Lease Expiration 12/31/2043
Remaining Term 17.5
Price per SqFt $1,641
Year Built 2023
Acreage 1.010
Tenant Credit Corporate Guarantee
Lease Commencement 12/29/2023
Ownership Fee Simple

Special Purpose | 6.75% CAP | 3,250 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 2545 Perryton Pkwy, Pampa, TX 79065. The site consists of roughly 3,250 rentable square feet of building space on an estimated 1.01-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/29/2023. The annual rent will be $360,000 and has scheduled increases of 2.00% annually.

Investment highlights

  • Strong Corporate Guarantee | The lease features a strong corporate guarantee from Tidal Wave Auto Spa’s corporate entity, New Potato Creek Holdings, LLC, providing investors with strong credit support. Tidal Wave Auto Spa expansive footprint of 300+ locations nationwide highlights the company’s proven operational success and reinforces the long-term stability of this investment.

  • Outparcel to Big Box Retail \ The subject property benefits from being an outparcel to major national retailers including Hobby Lobby, Tractor Supply Co., and Ollie’s Bargain Outlet, providing exceptional visibility and strong cross-shopping traffic from established anchors that drive consistent daily customer activity.

  • Qualifies for 100% Bonus Depreciation | This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership. This form of depreciation enhances after-tax cash flow and adds to overall investment returns, making this property ideal for investors looking for tax treatment on real estate holdings. Surmount is not a tax advisor. Please consult your own tax professional.

  • Proximity to Pampa Regional Medical Center | The subject property is situated just 0.5 miles from Pampa Regional Medical Center, a 115- bed acute care hospital serving as the primary healthcare provider for the region, driving consistent daytime traffic and supporting strong demand from medical professionals, patients, and visitors.

Listing Contacts

MA
NY 10401294046
SURMOUNT
FP
NY 10401333619
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
WB
NY 10401399346
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$360,000.00
$30,000.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Zoning

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C CommercialSpecial CommercialCommercial
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Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Brian Brockman
License
RB14037939
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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