Highlights
•Long-Term Absolute Triple-Net (NNN) Lease | This property features a triple-net (NNN) lease, with the tenant responsible for all expenses, providing the landlord with a fully passive and predictable income stream. •Tax Advantages | Eligible for significant tax benefits, including 15-year accelerated depreciation and bonus depreciation. •Prime Visibility | High-profile location along North Pacific Street with over 13,600 vehicles passing daily. •Close to Walmart Supercenter | Positioned directly across from a Walmart Supercenter, driving strong foot traffic and visibility. •Strong Corporate Guarantee | Backed by Whistle Express, a rapidly expanding brand in the car wash industry, now operating 530 locations across 23 states after acquiring Take 5 Car Wash, solidifying its leadership in the sector.
Description
NNN Pro presents the exclusive listing for a Take 5 Car Wash at 2163 N. Pacific St, Mineola, TX 75773. The property includes approximately 3,704 rentable square feet on a 1.15-acre lot. It is subject to a 20-year Triple Net (NNN) lease that began on 12/1/2021, with current annual rent of $151,416 and annual escalations of 1.5%.
Listing Details
- Cap Rate
6%
- Tenancy
Single
- Space Type
specialty
- Sub Category
car-wash
- Date Listed
10/28/2025
- Net Operating Income
$153,685
Property Specifics
- Property Name
Take 5 Car Wash
- No of Buildings
1
- No of Stories
1
- No of Units
1
- Year Built
2020
- Building Size
3,704 SF
- Lot Size
1.15 AC
- Occupancy
100%