WhiteWater Express Car Wash
Abs NNN | 6.75% CAP | 3,756 SqFt
Marketing description
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.
Investment highlights
» 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
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