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2530 Pea Ridge Rd - Whistle Express Car Wash 3,675 SF Specialty Building Offered at $6,346,000 at a 6.25% Cap Rate in Clarksville, TN 37040
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction
- Whistle Express Car Wash Acquired Take 5 Car Wash in April 2025, More Than Tripling the Company's National Footprint
- Households and Population Projected to Increase More Than 8% in the Surrounding Area Over the Next 5 Years
- 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
- Densely-Populated Trade Area - 127,800 Residents within a 5-Mile Radius
Executive Summary
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.
The county seat of Montgomery County, Tennessee, Clarksville is the fifth-largest city in the state with 166,722 residents as of the 2020 US Census. Clarksville is the principal city of the Clarksville, TN-KY metropolitan statistical area, which consists of Montgomery and Stewart counties in Tennessee, and Christian and Trigg counties in Kentucky.
The county seat of Montgomery County, Tennessee, Clarksville is the fifth-largest city in the state with 166,722 residents as of the 2020 US Census. Clarksville is the principal city of the Clarksville, TN-KY metropolitan statistical area, which consists of Montgomery and Stewart counties in Tennessee, and Christian and Trigg counties in Kentucky.
Property Facts
| Price | $6,346,000 | Building Class | B |
| Price Per SF | $1,726.80 | Lot Size | 1.27 AC |
| Sale Type | Investment NNN | Building Size | 3,675 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Property Subtype | Car Wash | ||
| Zoning | C-5 - Commercial | ||
| Price | $6,346,000 |
| Price Per SF | $1,726.80 |
| Sale Type | Investment NNN |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.27 AC |
| Building Size | 3,675 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Zoning | C-5 - Commercial |
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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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2530 Pea Ridge Rd - Whistle Express Car Wash
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