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Whistle Express Car Wash | Clarksville, TN 2530 Pea Ridge Rd 3,675 SF Retail Building Clarksville, TN 37040 $6,245,000 ($1,699.32/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand-New Construction Whistle Express Car Wash: 20-year initial lease term with four 5-year options
- Strong, Growing Retail Corridor: Subject property is strategically located in a fast-growing retail corridor near a Publix-anchored center
- Clarksville is Located Roughly 1 Hour Northwest of Nashville, TN: Fast-growing demographics with an annual growth rate of 2.4%
- In April of 2025, Whistle Express Purchased Take 5 Car Wash, Becoming the Largest Express Car Wash Operator in the U.S.
- Surrounded by New Development: Walker Farms, located adjacent to subject property, is a brand-new mixed-use development
EXECUTIVE SUMMARY
20-Year Absolute NNN Lease | Largest Express Car Wash Operator in the U.S. (540+ Locations) | Publix-Adjacent Real Estate
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,675 SF
Building Class
B
Year Built
2025
Price
$6,245,000
Price Per SF
$1,699.32
Cap Rate
6.35%
NOI
$396,630
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.27 AC
Zoning
C-5
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 041-040.02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $128,600 |
PROPERTY TAXES
Parcel Number
041-040.02
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$128,600
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Whistle Express Car Wash | Clarksville, TN | 2530 Pea Ridge Rd
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