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701 W Ridge Rd
Pharr, TX 78577 East McAllen

$3,489,833 USD

Carwash For Sale  •  3,034 SF

Property Details

  • Property Type Carwash
  • Total Building Size 3,034 SF
  • Lot Size 1.65 AC
  • Building Class C
  • Year Built 2021
  • Cap Rate 6.00 %
50 Walk Score

Highlights

Brand-New 25-Year Corporate Lease | Commenced January 2025, Expiring December 2049
Long-Term Lease | 24+ Years Remaining on the Initial Term
Attractive Annual Rental Increases | Two Percent (2%) Annual Increases Beginning January 2029
Absolute NNN Lease | Zero Landlord Responsibilities
Corporate Guarantee | Backed by Whistle Express Car Wash Corporate
Eligible for 100% Bonus Depreciation | Potential Tax Advantages via Accelerated Depreciation

Property Flyers

Cap Rate: 6.00 %

Public Transportation

AirportDriveWalkDistance
McAllen International 8 min - 3.6 mi
Valley International 59 min - 40.0 mi
Ronnie Issenberg 786-522-7013 Marcus & Millichap
Ronnie Issenberg 786-522-7013 Marcus & Millichap