1510 Norman Dr Immeuble de 1 950 pi² • Spécialité • À vendre 4 406 922 $ CAD • Taux de capitalisation 6% • Valdosta, GA 31601

Marcus & Millichap is pleased to present for sale this Whistle Express Car Wash located at 1510 Norman Drive in Valdosta, Georgia, the principal city of the Valdosta MSA with a population of ±151,118. This freestanding, single tenant property features a 1,950-square-foot building situated on a 1.41-acre parcel, and features a brand new 25-year absolute NNN lease with a corporate guarantee.

Valdosta serves as a key commercial hub of South Georgia, home to Valdosta State University with more than 12,000 students, and Moody Air Force Base, located 10 miles northeast, which supports thousands of military personnel and their families. The local economy is supported by manufacturing, agriculture, and the forestry industry, with Valdosta known as the “Naval Stores Capital of the World”—producing 80 percent of the global demand for pine-derived products such as tar, turpentine, lumber, and pulpwood.
The property benefits from strong residential density, with numerous apartment communities in the immediate area including 805 Harmon Heights, Maple on
Melody, The Grand at Lake Sheri, The Gables of Saint Augustine, 707 Baytree Apartments, Ashton Park Apartment Homes, and Valdosta Properties. Additionally,
brand-new residential developments such as Cypress Lakes Subdivision (100 Homes) and Worthington Woods Subdivision are nearby, supporting continued population and housing growth.
The lease commenced on January 1, 2025, and runs through December 31, 2049, providing investors with long-term, stable cash flow and zero landlord responsibilities. The lease includes 2 percent annual rental increases beginning January 1, 2029, along with four five-year renewal options, ensuring built-in income growth and long-term security for investors.
Whistle Express Car Wash is the largest express car wash operator in the United States with more than 530 locations across 23 states and over 2,000 employees. Headquartered in Charlotte, North Carolina, the company has grown rapidly since its founding in 2014, including the transformative 2025 acquisition of Take 5 Car Wash from Driven Brands, which solidified its position as the nation’s market leader. In 2023, Whistle Express received a majority investment from funds managed by Oaktree Capital Management, L.P., fueling its accelerated national expansion strategy.