601 Cape Coral Pky W - Car Washes FOR SALE


Cape Coral, FL 33914- Pelican
$6,040,700 USD
602-687-6650
601 Cape Coral Pky W, Cape Coral, FL for Sale
$6,040,700 USD
Car Washes - FOR SALE
1/5
null | 6% Cap Rate

601 Cape Coral Pky W
Cape Coral, FL 33914
Pelican


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction
  • 8% Rental Increases Every 5 Years with Multiple Renewal Options
  • #1 Largest Car Wash Operator in the U.S. with 530+ Locations Across 23 States
  • Whistle Express Car Wash Acquired Take 5 Car Wash in April 2025, More Than Tripling the Company's National Footprint
  • Property Qualifies for 100% Bonus/Accelerated Depreciation
  • Densely-Populated Tampa Trade Area - 256,426 Residents within a 5-Mile Radius

OVERVIEW

Whistle Express Car Wash prides itself on delivering consumers and teammates a premium on-premise experience, including its Unlimited Fast Pass Membership Program, free towels, free vacuums, and free mat washing stations. Cape Coral is the largest city in Lee County and one of the fastest-growing cities in the state. Incorporated in 1970, Cape Coral was developed as a master-planned waterfront community and is now known for having over 400 miles of navigable canals, more than any other city in the world.

FOR SALE DETAILS

PRICE

$6,040,700 USD

PRICE/SF

$1,644 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whistle Express Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

C1-D

APN/PARCEL ID

14-45-23-C1-01699.0270

ASK ABOUT THIS PROPERTY

Zack HouseMarcus & MillichapMore Info
602-687-6650

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Zack HouseMarcus & MillichapMore Info
602-687-6650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.