WhiteWater Express (1.59-Acre Site)

WhiteWater Express (1.59-Acre Site)

WhiteWater Express (1.59-Acre Site)

Offered for sale is a new construction WhiteWater Express car wash located in Belton, Texas, operating under a 20-year corporate ground lease. The property generates an initial NOI of $105,000 with 2% annual rent escalations, offering approximately 49% cumulative rent growth over the base term. Strategically positioned along a dominant retail corridor anchored by Walmart Supercenter and H-E-B Plus, the site benefits from strong traffic counts and consumer draw. The asset provides passive income backed by a rapidly expanding operator with a significant presence across Texas and the Sun Belt.

Price $1,910,000
Cap Rate 5.50%
Building Size 4,000 sqft
Lot Size 1.59 acres
Year Built 2026
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Jake Stammen

Associate Director
(972) 755-5209
jake.stammen@marcusmillichap.com
License: TX 767420
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • New 20-Year Ground Lease With 2% Annual Rent Escalations
  • Strong Visibility on Sparta Road (10,090 VPD) Just Off North Main Street (21,707 VPD)
  • Regional Retail Corridor Anchored by Walmart Supercenter and H-E-B Plus
  • New Construction Express Car Wash on 1.59-Acre Site | Q2 2026 Delivery
  • Expanding Market Along the Austin–Waco Corridor | 78,677 Residents (5-Mile Radius)
  • Cross Access With Adjacent Take 5 Oil Change | Auto Tenant Synergy
  • WhiteWater Express Car Wash | 140+ Locations Across Seven States

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Jake Stammen

Associate Director
(972) 755-5209
jake.stammen@marcusmillichap.com
License: TX 767420
Go to Top