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1017 N Saginaw Blvd - Whistle Express 5,142 SF Specialty Building Offered at $6,963,000 at a 6.15% Cap Rate in Saginaw, TX 76179



Investment Highlights
- 100% Bonus Depreciation Qualification
- #1 Ranked Express Wash within 15-miles (PlacerAI)
- #2 Largest Express Car Wash Operator
Executive Summary
• 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
° 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
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $6,963,000 | Building Class | C |
| Price Per SF | $1,354.14 | Lot Size | 1.17 AC |
| Sale Type | Investment | Building Size | 5,142 SF |
| Cap Rate | 6.15% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 2017 |
| Property Type | Specialty | Parking Ratio | 0.58/1,000 SF |
| Property Subtype | Car Wash | ||
| Zoning | F1 - Real Commercial | ||
| Price | $6,963,000 |
| Price Per SF | $1,354.14 |
| Sale Type | Investment |
| Cap Rate | 6.15% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 5,142 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Parking Ratio | 0.58/1,000 SF |
| Zoning | F1 - Real Commercial |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 42181605 | Improvements Assessment | $1,268,279 |
| Land Assessment | $611,580 | Total Assessment | $1,879,859 |
Property Taxes
Parcel Number
42181605
Land Assessment
$611,580
Improvements Assessment
$1,268,279
Total Assessment
$1,879,859
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1017 N Saginaw Blvd - Whistle Express
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