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1405 12th NE ave - WhiteWater Express Car Wash | Ardmore, OK 4,000 SF Specialty Building Offered at $4,880,000 at a 6.15% Cap Rate in Ardmore, OK 73401
Investment Highlights
- Single-Tenant WhiteWater Express Car Wash
- Annual Rental Increases
- 20-Year Initial Lease Term with Four 5-Year Options
- Corporate-Guaranteed Lease ($400 Million Net Worth)
- Absolute NNN Lease with No Landlord Responsibilities
- Fee Simple Investment Ideal for Bonus Depreciation (Includes Land and Building)
Executive Summary
20-Year Absolute NNN Corporate Lease | 140+ Unit Multi-State Operator | Full Corporate Guaranty
Property Facts
| Price | $4,880,000 | Building Class | B |
| Price Per SF | $1,220 | Lot Size | 0.73 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| Cap Rate | 6.15% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2026 |
| Property Subtype | Car Wash |
| Price | $4,880,000 |
| Price Per SF | $1,220 |
| Sale Type | Investment |
| Cap Rate | 6.15% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.73 AC |
| Building Size | 4,000 SF |
| No. Stories | 1 |
| Year Built | 2026 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1990-24-04S-01E-4-002-00 | Improvements Assessment | $93,000 |
| Land Assessment | $27,000 | Total Assessment | $120,000 |
Property Taxes
Parcel Number
1990-24-04S-01E-4-002-00
Land Assessment
$27,000
Improvements Assessment
$93,000
Total Assessment
$120,000
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1405 12th NE ave - WhiteWater Express Car Wash | Ardmore, OK
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