23719 Katy Fwy - Car Washes FOR SALE


Katy, TX 77494- Cinco Ranch
$4,965,000 USD
248-579-5045
23719 Katy Fwy, Katy, TX for Sale
$4,965,000 USD
Car Washes - FOR SALE
1/12
null | 6.35% Cap Rate

23719 Katy Fwy
Katy, TX 77494
Cinco Ranch


HIGHLIGHTS

  • Single Tenant Absolute NNN Whitewater Express Car Wash - 16+ Years Remaining on the Lease
  • Strong Corporate Guarantor - Whitewater has 125+ Locations Nationally and Growing - Industry Dominant Tenant
  • 1.25 Percent Annual Rental Increases - Lease Equipped with Four, Five Year Options to Renew
  • 2021 Construction to the Tenant's Specification and Prototype
  • Phenomenal Location - Costco Outparcel and Located at the I-10 US 99 Interchange and Surrounded by the "Who's Who" of National Retailers
  • High-Growth Houston Suburb: Katy is one of Houston’s fastest-growing suburbs

OVERVIEW

** THE NOI IS CALCULATED BASED ON THE INCREASE AS OF SEPTEMBER 30, 2025, WITH THE LANDLORD PROVIDING THE BUYER WITH A CREDIT FOR ANY DIFFERENCE **

FOR SALE DETAILS

PRICE

$4,965,000 USD

PRICE/SF

$1,218 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WhiteWater Express Carwash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

C2

APN/PARCEL ID

1391580010001

ASK ABOUT THIS PROPERTY

Sal YaldoAPEX Commercial Real Estate AdvisorsMore Info
248-579-5045

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Sal YaldoAPEX Commercial Real Estate AdvisorsMore Info
248-579-5045

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.