330 N Spur 63 | Longview, TX 75601
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330 N Spur 63
Longview, TX 75601
Whistle Express Car Wash · Specialty Property For Sale
·
2,125 SF
Investment Highlights
- ABSOLUTE-NET LEASE | ZERO LANDLORD RESPONSIBILITIES: Corporate 20-Year Lease Requires Tenant To Cover All Operating, Capital, Roof & Structure Costs.
- 2020 CONSTRUCTION | 6,139 SF EXPRESS TUNNEL + VACUUM CANOPY: Modern Conveyor-Belt Design On A 2.09-Acre Parcel Built For High Through-Put.
- SPUR 63 MOBILITY CORRIDOR IMPROVEMENTS UNDERWAY: TXDOT Is Widening Spur 63/State Hwy 31, Adding Raised Medians $ Bike-Ped Upgrades To Ease Congestion.
- 2% ANNUAL RENT BUMPS BEGINNING 2029: Contractual Increases Every January Drive A 32% NOI Rise Over The Primary Term.
- CORPORATE GUARANTY: Lease Backed By Express Car Wash Operations, LLC — The Largest Express Car Wash Operator in the U.S.
- HEALTHY TRADE-AREA DEMOGRAPHICS: ± 47.6K Residents Within 3 Miles And 84.6K Within 5 Miles, With ~$70-72K Average Household Incomes.
Property Facts
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 2020 |
| Lot Size | 0.89 AC | Parking Ratio | 21.65/1,000 SF |
| Building Size | 2,125 SF | ||
| Zoning | C2 - Heavy Commercial | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Lot Size | 0.89 AC |
| Building Size | 2,125 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Parking Ratio | 21.65/1,000 SF |
| Zoning | C2 - Heavy Commercial |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,096,550 | |
| Land Assessment | $273,120 | Total Assessment | $1,369,670 |
Property Taxes
Parcel Numbers
Land Assessment
$273,120
Improvements Assessment
$1,096,550
Total Assessment
$1,369,670
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