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WhiteWater Express Car Wash | Flower Mound 2350 Spinks Rd

5,018 SF Retail Building Flower Mound, TX 75028 $4,445,000 ($886/SF) 6.75% Cap Rate

Retail Buildings Texas Flower Mound 2350 Spinks Rd, Flower Mound, TX 75028

Investment Highlights

  • Newer Construction WhiteWater Express Car Wash with Seasoned Sales: Corporate guaranteed lease ($500 million net worth)
  • Some of the Most Attractive Demos in the Country; Across From New Toll Brothers Development: o $206,000+ avg household income within a 1-mile radius
  • Why Investors Choose WhiteWater Express Car Wash: WW Express leased properties have historically sold at a premium above most other operators car wash
  • Dallas-Fort Worth MSA: The Dallas-Fort Worth region ranks among the top 3 U.S. metro areas for business expansions, relocations, & employment growth

Executive Summary

17-Year Absolute NNN Corporate Lease | 120+ Unit Multi-State Operator Full Corporate Guaranty | Affluent, High-Growth Dallas-Fort Worth Suburb

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,018 SF
Building Class
B
Year Built
1997
Price
$4,445,000
Price Per SF
$886
Cap Rate
6.75%
NOI
$300,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
2.21 AC
Zoning
C-2 - commercial
Parking
15 Spaces (2.99 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Drive Thru

Links

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2350 Spinks Rd, Flower Mound, TX - aerial map view - Image1
2350 Spinks Rd, Flower Mound, TX - aerial map view - Image2
2350 Spinks Rd, Flower Mound, TX - aerial map view - Image3
2350 Spinks Rd, Flower Mound, TX - aerial map view - Image4

PROPERTY TAXES

Parcel Number R705826 Improvements Assessment $1,202,502
Land Assessment $960,498 Total Assessment $2,163,000

PROPERTY TAXES

Parcel Number
R705826
Land Assessment
$960,498
Improvements Assessment
$1,202,502
Total Assessment
$2,163,000
(844) 585-7682

  • Listing ID: 32893352

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 2350 Spinks Rd, Flower Mound, TX 75028

More public record information on 2350 Spinks Rd, Flower Mound, TX 75028

The Retail Property at 2350 Spinks Rd, Flower Mound, TX 75028 is currently available For Sale. Contact Hanley Investment Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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2350 Spinks Rd, Flower Mound, TX for sale Building Photo- Image 1 of 7
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2350 Spinks Rd, Flower Mound, TX for sale Site Plan- Image 2 of 7
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2350 Spinks Rd, Flower Mound, TX for sale Aerial- Image 3 of 7
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2350 Spinks Rd, Flower Mound, TX for sale Aerial- Image 4 of 7
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2350 Spinks Rd, Flower Mound, TX for sale Aerial- Image 5 of 7
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2350 Spinks Rd, Flower Mound, TX for sale Aerial- Image 6 of 7
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WhiteWater Express Car Wash | Flower Mound | 2350 Spinks Rd
(844) 585-7682 x

WhiteWater Express Car Wash | Flower Mound | 2350 Spinks Rd

1/2

Jeff Lefko

(844) 585-7682

(844) 585-7682

Bill Asher

(844) 585-7684

(844) 585-7684

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