Listed by SURMOUNT
$6,992,818
Whistle Express
Details
Property Type Retail
Sub Type Auto wash
Square Footage 4,601
Cap Rate 5.5%
NOI $384,605
Occupancy 100%
Tenancy Single
Brand/Tenant Whistle Express
Lease Type NNN
Lease Term 25
Lease Expiration 12/31/2049
Remaining Term 23.5
Rent Bumps Yes
Lease Options 4, 5 - Year Options
Year Built 2017
Acreage 1.190
Tenant Credit Corporate Guarantee
Lease Commencement 12/31/2025
Ground Lease No
Ownership Fee Simple
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for a Whistle Express located at 3086 West University Drive, McKinney, TX 75071. The site consists of roughly 4,601 rentable square feet of building space on an estimated 1.19-acre parcel of land. Whistle Express is subject to a 25-year Triple Net (NNN) lease, which commenced 12/31/2025. The current annual rent is $384,605 and has scheduled increases of Variable.
Investment highlights
- Over 23 Years Remaining | True Triple Net Lease | The property is backed by a new NNN lease, offering investors stable and passive income with zero landlord obligations.
- Bonus Depreciation | This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership.
- Lease Guaranteed By Whistle Express | The lease is backed by Whistle Express, the nation’s largest car wash operator, providing investors with security and stability.
- TX Tax Free State | Texas has no state income tax, making it an attractive investment destination for many individual and institutional investors.
- Located In Dallas MSA | Situated within the rapidly expanding Dallas - Fort Worth Metroplex, one of the nation's strongest markets for population and job growth.
- Outstanding Demographics | The surrounding trade area features strong household incomes and a growing residential population that supports long - term retail demand.
- Extremely High Exposure & Traffic Counts | Positioned along West University Drive, the property benefits from exceptional visibility and strong daily traffic volumes.
- Surrounded by Retail & New Construction | The site is surrounded by national retailers, new residential development, and continued commercial growth throughout McKinney.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$384,605.00
$32,050.42/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
PD PlannedPlanned Development
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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