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601 Cape Coral Pky W - Whistle Express Car Wash 3,675 SF Specialty Building Offered at $6,040,700 at a 6% Cap Rate in Cape Coral, FL 33914
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction
- #1 Largest Car Wash Operator in the U.S. with 530+ Locations Across 23 States
- Property Qualifies for 100% Bonus/Accelerated Depreciation
- 8% Rental Increases Every 5 Years with Multiple Renewal Options
- Whistle Express Car Wash Acquired Take 5 Car Wash in April 2025, More Than Tripling the Company's National Footprint
- Densely-Populated Tampa Trade Area - 256,426 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.
Cape Coral is the largest city in Lee County and one of the fastest-growing cities in the state. Incorporated in 1970, Cape Coral was developed as a master-planned waterfront community and is now known for having over 400 miles of navigable canals, more than any other city in the world.
Cape Coral is the largest city in Lee County and one of the fastest-growing cities in the state. Incorporated in 1970, Cape Coral was developed as a master-planned waterfront community and is now known for having over 400 miles of navigable canals, more than any other city in the world.
Property Facts
| Price | $6,040,700 | Building Class | B |
| Price Per SF | $1,643.73 | Lot Size | 0.92 AC |
| Sale Type | Investment | Building Size | 3,675 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Property Subtype | Car Wash | ||
| Zoning | C1-D | ||
| Price | $6,040,700 |
| Price Per SF | $1,643.73 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.92 AC |
| Building Size | 3,675 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Zoning | C1-D |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14-45-23-C1-01699.0270 | Improvements Assessment | $0 |
| Land Assessment | $450,000 | Total Assessment | $450,000 |
Property Taxes
Parcel Number
14-45-23-C1-01699.0270
Land Assessment
$450,000
Improvements Assessment
$0
Total Assessment
$450,000
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