www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29975457
29975458

1017 N Saginaw Blvd, Saginaw, TX 76179

AB
CA CA 01958151
Realsource Group
JS
CA CA 02168139
Realsource Group
SR
TX 9009637, CA 02101543 (+42)
ParaSell Inc
Listed by Realsource Group, ParaSell Inc
$6,745,000
128 days on market
Updated 38 days ago

Whistle Express Car Wash - Saginaw, TX

Details
APN 37070-1-ARB2-10
Property Type Special Purpose
Sub Type Car Wash
Square Footage 5,142
Units 1
Cap Rate 6.35%
NOI $428,282
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 12/27/2040
Remaining Term 14.5
Rent Bumps Yes
Lease Options Five, 5-Year Options
Price per SqFt $1,312
Broker Co-Op Yes
Year Built 2017
Acreage 1.170
Tenant Credit Corporate Guarantee
Lease Commencement 12/28/2020
Occupancy Date 12/28/2020
Ground Lease No
Ownership Fee-Simple
Sale Condition For sale by owner

RECENT PRICE REDUCTION | 100% Bonus Depreciation | DFW MSA

Marketing description

LINK TO OFFERING MEMORANDUM:https://realsource.com/whistle-express-saginaw-tx/

Whistle Express Car Wash:

Corporately guaranteed lease by Whistle Express

Absolute NNN Lease with zero landlord responsibilities

20-year initial lease term with substantial term remaining

1.85% annual increases during primary term and options Upcoming increase in December 2026

About Whistle Express Car Wash:

477 locations across 23 states

Private equity backed by Oaktree Capital Management, with $209B+ AUM

Recently Acquired Take 5 Car Wash, tripling the brand’s footprint (2025)

Expanding Rapidly through Acquisition & Greenfield Development

Mister Car Wash, Quick Quack Car Wash, Tommy’s Express Car Wash, Take-5 Car Wash, Whistle Express Car Wash, El Car Wash, Caliber Car Wash, Super Star Car Wash, Mammoth Car Wash

Investment highlights

Bonus Depreciation: Property qualifies for 100% bonus depreciation on carwash improvements (contact for more info)

“Big Beautiful Bill” included the reset of bonus depreciation to 100% for 2025 and beyond

#1 ranked Whistle Express (Take-5 Car Wash) within 15-mi & 95th percentile in TX (Placer. AI)

Excellent Visibility with direct Ingress & Egress Access to a 22,000+ CPD Roadway

Adjacent to Whataburger, providing for supplemental daily traffic through the express Car Wash

Excellent Surrounding Demographics: $128k+ Average Household Incomes & 222k+ Population Density within 5-mi radius

Positioned in the primary retail corridor of Saginaw: 5-min drive to Walmart Supercenter, Sprouts Farmers Market, & Kroger

Nearby Walmart, Starbucks, Chick-Fil-A, & Cava, among other nationally recognized retailers

Booming Residential Development Nearby: Range West - New, 261-Unit garden-style apartment community under construction

Grand at Saginaw - 236-unit luxury apartment community recently completed

35-min Drive to Dallas Fort Worth International Airport: #3 busiest commercial airport in North America

Servicing 81 million commercial passengers annually

Dallas-Fort Worth MSA Location: #1 largest in Texas with 8.1M+ residential population

No State Income Tax: Attractive for any out-of-state Investor

Listing Contacts

AB
CA CA 01958151
Realsource Group
JS
CA CA 02168139
Realsource Group
SR
TX 9009637, CA 02101543 (+42)
ParaSell Inc
Listed by Realsource Group, ParaSell Inc

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$428,282.00
$35,690.17/mo

Valuation Metrics

0
DSCR
6.35%
Cap Rate
6.35%
ROI

Map

Zoning

Intelligence Badge
CC CommercialNeighborhood CommercialCommunity Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 232 uses
View all 232 uses
Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Scott Reid
License
9009637
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591