5762 CENTRAL AVE Toledo OH 43615

WhiteWater Express Car Wash provides high-quality car wash services, with professional staff to tend to customers’ every need.​ Car washes include features like high-intensity tri-foam polish, wheel cleaning, rain repellant, tire shine, flash dry, free vacuums, and more.​

Located at the western end of Lake Erie and bordering southern Michigan, Toledo is an hour south of Detroit and two hours west of Cleveland.​ The metro is composed of Lucas, Wood, and Fulton counties.​ Three key interstate highways run through Toledo - Interstate 75, the Ohio Turnpike, and Interstate 475 - benefiting the local economy and providing a tailwind for logistics employment.​

» 17+ Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty

» 1.25% Annual Rental Increases with Multiple Renewal Options

» WhiteWater Express Car Wash Operates ±140 Locations Throughout 7 States

» Dense Toledo Trade Area with a Daytime Population Exceeding 188,125 People within a 5-Mile Radius

» Average Household Income of $108,000+ within 3 Miles of the Site

» Across from Walmart Supercenter and Surrounded by Car Dealerships

» Excellent Frontage Along Central Avenue, Less Than 1 Mile Off the I-475 Freeway

» Situated at the Entrance of Wildwood Preserve Metropark, Attracting Roughly 1.5 Million Visitors Annually

CLICK HERE FOR COMPLETE OFFERING MEMORANDUM: https://bit.ly/WhiteWaterExpressCarWash_Toledo

• Brand-New Construction WhiteWater Express Car Wash:

  • Corporate guaranteed lease ($500 million net worth)

  • Absolute NNN lease with no landlord responsibilities

  • 20-year initial lease term with four 5-year options

  • Annual increases

  • Fee simple investment ideal for bonus depreciation (includes land and building)

• Why Investors Choose WhiteWater Express Car Wash: WhiteWater Express leased properties have historically sold at a premium above most other car wash operators

  • 100+ locations

  • Over 50 years of combined wash experience between the managing partners

  • Some of the highest percentages of recurring membership revenue

  • Private equity backed by multi billion-dollar firm, Freeman Spogli & Co.

  • Locations in 9 MSAs throughout the US and 20+ new sites under greenfield development

• Across from a #1 Performing Walmart Supercenter: According to Placer.ai data, the Walmart Supercenter across the street from the property ranks as the #1 performing Walmart Supercenter out of 25 locations within a 50-mile radius (based on consumer traffic)

• High-Traffic Location Along Central Avenue, the Area’s Primary Retail Corridor:

  • 26,500+ CPD along Central Avenue, providing a strong customer base of people that benefit from a subscription-based car wash service

  • Surrounded by over one dozen car dealerships along Central Avenue including: Ford, Buick GMC, Mazda, Nissan, Chrysler Jeep Dodge Ram, Toyota, Subaru, Honda, Hyundai, Kia, Cadillac, DriveTime, and several independent used car dealerships

• Located in the Heart of Toledo:

  • The property is approximately 10 miles from downtown Toledo

  • The Toledo MSA has over 640,000 people

  • The property is 4.5 miles from the University of Toledo (14,600+ students and 7,000 employees)