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601 Cape Coral Pky W - Whistle Express Car Wash 3,675 SF Specialty Building Offered at $8,260,838 CAD 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 | $8,260,838 CAD | Building Class | B |
| Price Per SF | $2,247.85 CAD | Lot Size | 0.92 AC |
| Sale Type | Investment NNN | 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 | $8,260,838 CAD |
| Price Per SF | $2,247.85 CAD |
| Sale Type | Investment NNN |
| 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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Property Taxes
| Parcel Number | 14-45-23-C1-01699.0270 | Improvements Assessment | $0 CAD |
| Land Assessment | $615,254 CAD | Total Assessment | $615,254 CAD |
Property Taxes
Parcel Number
14-45-23-C1-01699.0270
Land Assessment
$615,254 CAD
Improvements Assessment
$0 CAD
Total Assessment
$615,254 CAD
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601 Cape Coral Pky W - Whistle Express Car Wash
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