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20850 W Bellfort Blvd, Richmond, TX , 77407
  • Size SF 3,840
  • Built/Renov2023
  • Price/SF $1,260
  • Lease Start03-01-2023
  • Rent/SF$78.13
  • Lease Type Abs NNN
  • Lot/AC1.29
  • Pop 5MI192,619

4,840,000

  • Cap Rate 6.20%
  • NOI $300,000
  • R. Term/Yrs 17.7
  • Guarantor Corporate
  • # Units 88
  • New construction

  • Strong tenant synergy

  • Highway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Brand new lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • New 2023 construction
  • Brand-new 20-year lease with 4 (5-year) options to extend
  • Lease features 1.25% annual rental increases throughout the initial term and at each option period
  • Absolute NNN presents zero landlord responsibilities
  • Corporate guarantee by Freeman Spogli & Co.
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 88
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard, while ensuring that their car washes are completed in under three minutes. In addition to their soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain repellent glass wax, and also offer a wide variety of free after wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investment include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
600 West Trenton Avenue, Findlay, OH , 45840
  • Size SF 3,677
  • Built/Renov2015/2022
  • Price/SF$1,209
  • Lease Start01-21-2021
  • Rent/SF$81.59
  • Lease Type Abs NNN
  • Lot/AC0.86
  • Pop 5MI49,716

4,347,826

  • Cap Rate 6.90%
  • NOI $300,000
  • R. Term/Yrs 14.6
  • Guarantor Corporate
  • # Units 106
  • Recent renovation

  • Build to suit

  • Near major nationals

  • Strategically located

  • Freeway close

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • WhiteWater Express Car Wash has 15+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 1.25% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 106
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard while ensuring that their car washes are completed in under three minutes. In addition to its soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain-repellent glass wax. Also, it offers various free after-wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investments include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
8301 North Beach Street, Fort Worth, TX , 76244
  • Size SF 4,722
  • Built/Renov2007/2020
  • Price/SF$941
  • Lease Start12-18-2020
  • Rent/SF$63.53
  • Lease Type Abs NNN
  • Lot/AC1.60
  • Pop 5MI290,431

4,445,000

  • Cap Rate 6.75%
  • NOI $300,000
  • R. Term/Yrs 15.5
  • Guarantor Corporate
  • # Units 114
  • Recent renovation

  • Build to suit

  • Near major nationals

  • Strong tenant synergy

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • WhiteWater Express Car Wash has 16+ years remaining on the current lease term with 4 (5-year) options to extend

  • The lease features 1.25% annual rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 114
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard while ensuring that their car washes are completed in under three minutes. In addition to its soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain-repellent glass wax. Also, it offers various free after-wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investments include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
2420 Sam Rayburn Hwy, Melissa, TX , 75454
  • Size SF 4,200
  • Built/Renov2022
  • Price/SF $1,139
  • Lease Start03-01-2023
  • Rent/SF$65.48
  • Lease Type Abs NNN
  • Lot/AC1.11
  • Pop 5MI113,377

4,785,000

  • Cap Rate 5.75%
  • NOI $275,000
  • R. Term/Yrs 17.7
  • Guarantor Corporate
  • # Units 88
  • New construction

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • New 2023 construction
  • WhiteWater Express Car Wash recently singed a brand-new 20-year lease with 4 (5-year) options to extend
  • Lease features 1.25% annual rent increases throughout the initial term and at each option period
  • Absolute NNN features zero landlord responsibilities
  • Corporate guarantee by Freeman Spogli & Co.
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 88
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard, while ensuring that their car washes are completed in under three minutes. In addition to their soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain repellent glass wax, and also offer a wide variety of free after wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investment include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
20981 West Road, Woodhaven, MI , 48183
  • Size SF 3,750
  • Built/Renov2024
  • Price/SF$1,303
  • Lease Start04-01-2024
  • Rent/SF$86.67
  • Lease Type Abs NNN
  • Lot/AC1.47
  • Pop 5MI132,690

4,888,000

  • Cap Rate 6.65%
  • NOI $325,000
  • R. Term/Yrs 19.1
  • Guarantor Corporate
  • # Units 110
  • New construction

  • Dense retail corridor

  • Strategically located

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • WhiteWater Express Car Wash recently executed a brand new 20-year lease with 4 (5-year) options to extend
  • The lease features 1.25% annual rental escalations throughout the initial term and FMV at the start of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 110
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard while ensuring that their car washes are completed in under three minutes. In addition to its soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain-repellent glass wax. Also, it offers various free after-wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investments include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
30471 Plymouth Road, Livonia, MI , 48150
  • Size SF 3,750
  • Built/Renov2024
  • Price/SF$1,185
  • Lease Start09-01-2024
  • Rent/SF$80.00
  • Lease Type Abs NNN
  • Lot/AC1.74
  • Pop 5MI292,195

4,444,000

  • Cap Rate 6.75%
  • NOI $300,000
  • R. Term/Yrs 19.1
  • Guarantor Corporate
  • # Units 114
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Population increase trend

  • Absolute NNN

  • Accelerated depreciation

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Brand-new 2024 construction
  • 20-year initial lease term with 4 (5-year) options to extend
  • The lease features annual rental increases throughout the primary lease term and FMV increases in options
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 114
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard while ensuring that their car washes are completed in under three minutes. In addition to its soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain-repellent glass wax. Also, it offers various free after-wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investments include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
23719 Katy Freeway, Katy, TX , 77494
  • Size SF 4,078
  • Built/Renov2021
  • Price/SF$1,200
  • Lease Start10-01-2021
  • Rent/SF$76.17
  • Lease Type Abs NNN
  • Lot/AC1.02
  • Pop 5MI246,391

4,891,654

  • Cap Rate 6.35%
  • NOI $310,620
  • R. Term/Yrs 16.2
  • Guarantor Corporate
  • # Units 110
  • New construction

  • Build to suit

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 15+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • WhiteWater Express Car Wash has 16+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 1% annual rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 110
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard while ensuring that their car washes are completed in under three minutes. In addition to its soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain-repellent glass wax. Also, it offers various free after-wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investments include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
5762 West Central Avenue, Toledo, OH , 43615
  • Size SF 3,756
  • Built/Renov2023
  • Price/SF
    $1,210
    $1,299
  • Lease Start09-15-2023
  • Rent/SF$79.87
  • Lease Type Abs NNN
  • Lot/AC0.93
  • Pop 5MI178,625
4,545,000
4,880,000
  • Cap Rate
    6.60%
     
    6.15%
  • NOI $300,000
  • R. Term/Yrs 18.1
  • Guarantor Corporate
  • # Units 88
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 20+ yr lease

  • Corporate Guarantee

  • ...
  • Brand new 2023 construction
  • WhiteWater Express Car Wash recently signed a brand new 20-year lease with 4 (5-year) options to extend
  • Lease features 1.25% annual rental increases throughout the initial term and during each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by Freeman Spogli & Co.
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 88
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard, while ensuring that their car washes are completed in under three minutes. In addition to their soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain repellent glass wax, and also offer a wide variety of free after wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investment include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
209 East Highway 30, Gonzales, LA , 70737
  • Size SF 4,400
  • Built/Renov2023
  • Price/SF $1,091
  • Lease Start09-01-2023
  • Rent/SF$68.18
  • Lease Type Abs NNN
  • Lot/AC1.50
  • Pop 5MI54,689

4,800,000

  • Cap Rate 6.25%
  • NOI $300,000
  • R. Term/Yrs 18.1
  • Guarantor Corporate
  • # Units 88
  • New construction

  • Build to suit

  • Shopping Ctr out-parcel

  • Highway location

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Brand new 2023 construction
  • WhiteWater Express Car Wash recently signed a brand new 20-year lease with 4 (5-year) options to extend
  • Lease features a 1.25% annual rental increase throughout the initial term and during each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by Freeman Spogli & Co.
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 88
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard, while ensuring that their car washes are completed in under three minutes. In addition to their soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain repellent glass wax, and also offer a wide variety of free after wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investment include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
835 West Princeton Drive, Princeton, TX , 75407
  • Size SF 5,123
  • Built/Renov2019
  • Price/SF $915
  • Lease Start11-16-2020
  • Rent/SF$58.56
  • Lease Type Abs NNN
  • Lot/AC1.19
  • Pop 5MI34,463

4,690,000

  • Cap Rate 6.40%
  • NOI $300,000
  • R. Term/Yrs 15.5
  • Guarantor Corporate
  • # Units 100
  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Income tax free state

  • Population increase trend

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • WhiteWater Express Car Wash has 17+ years remaining on 20-year initial lease term with 4 (5-year) options to extend
  • The lease features fixed annual increases of 1.25%
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 100
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard, while ensuring that their car washes are completed in under three minutes. In addition to their soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain repellent glass wax, and also offer a wide variety of free after wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investment include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
343 Enterprise Boulevard, Hewitt, TX , 76643
  • Size SF 4,109
  • Built/Renov2024
  • Price/SF $1,123
  • Lease Start04-01-2024
  • Rent/SF$73.01
  • Lease Type Abs NNN
  • Lot/AC1.18
  • Pop 5MI169,545

4,615,000

  • Cap Rate 6.50%
  • NOI $300,000
  • R. Term/Yrs 18.8
  • Guarantor Corporate
  • # Units 110
  • New construction

  • Build to suit

  • High traffic 50M+ VPD

  • Freeway visibility

  • Major MSA

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • WhiteWater Express Car Wash recently executed a brand new 20-year lease with 4 (5-year) options to extend
  • The lease features 1.25% annual rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 110
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard while ensuring that their car washes are completed in under three minutes. In addition to its soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain-repellent glass wax. Also, it offers various free after-wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investments include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
3220 Navarre Avenue, Oregon, OH , 43616
  • Size SF 3,760
  • Built/Renov2023
  • Price/SF$1,227
  • Lease Start11-01-2023
  • Rent/SF$79.79
  • Lease Type Abs NNN
  • Lot/AC1.61
  • Pop 5MI107,437

4,615,000

  • Cap Rate 6.50%
  • NOI $300,000
  • R. Term/Yrs 18.3
  • Guarantor Corporate
  • # Units 88
  • New construction

  • Build to suit

  • Dense retail corridor

  • Highway location

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Brand new 2023 construction
  • WhiteWater Express Car Wash recently signed a brand-new 20-year lease with 4 (5-year) options to extend
  • Lease features 1.25% annual rental increase throughout the initial term and FMV at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by Freeman Spogli & Co.
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 88
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard, while ensuring that their car washes are completed in under three minutes. In addition to their soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain repellent glass wax, and also offer a wide variety of free after wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investment include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
1378 West 1st Street, Springfield, OH , 45504
  • Size SF 3,345
  • Built/Renov2023
  • Price/SF$1,435
  • Lease Start11-01-2023
  • Rent/SF$89.69
  • Lease Type Abs NNN
  • Lot/AC1.16
  • Pop 5MI83,915

4,800,000

  • Cap Rate 6.25%
  • NOI $300,000
  • R. Term/Yrs 18.3
  • Guarantor Corporate
  • # Units 100
  • New construction

  • Build to suit

  • Dense retail corridor

  • Strategically located

  • Highway close

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Brand-new 2023 construction
  • WhiteWater Express Car Wash recently signed a brand-new 20-year lease with 4 (5-year) options
  • Lease features fixed annual increases of 1.25%
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 100
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard, while ensuring that their car washes are completed in under three minutes. In addition to their soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain repellent glass wax, and also offer a wide variety of free after wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investment include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
10910 East 31st Street, Tulsa, OK , 74146
  • Size SF 4,296
  • Built/Renov2016
  • Price/SF$1,013
  • Lease Start05-05-2021
  • Rent/SF$69.83
  • Lease Type Abs NNN
  • Lot/AC1.78
  • Pop 5MI198,202

4,350,000

  • Cap Rate 6.90%
  • NOI $300,000
  • R. Term/Yrs 15.5
  • Guarantor Corporate
  • # Units 110
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • WhiteWater Express Car Wash has 16+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 1.25% annual rental increases throughout the initial term and option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 110
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard while ensuring that their car washes are completed in under three minutes. In addition to its soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain-repellent glass wax. Also, it offers various free after-wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investments include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...
1998 East Main Street, Crowley, TX , 76036
  • Size SF 4,241
  • Built/Renov2016
  • Price/SF$1,048
  • Lease Start12-18-2020
  • Rent/SF$70.74
  • Lease Type Abs NNN
  • Lot/AC1.09
  • Pop 5MI170,500

4,445,000

  • Cap Rate 6.75%
  • NOI $300,000
  • R. Term/Yrs 15.5
  • Guarantor Corporate
  • # Units 114
  • Signalized intersection

  • Hard corner intersection

  • WalMart out-parcel

  • Freeway close

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • WhiteWater Express Car Wash has 16 years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 1.25% annual rental increase throughout the initial term, FMV at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant WhiteWater Express Car Wash
  • Guarantor Corporate
  • #Units 114
  • Stock Private

WhiteWater Express Car Wash is a high-growth, multi-state operator of express car washes. The chain uses state-of-the-art technology using only half the amount of water as the industry standard while ensuring that their car washes are completed in under three minutes. In addition to its soft foam wash, WhiteWater uses tri-foam color polish, gold carnauba wax, and rain-repellent glass wax. Also, it offers various free after-wash on-site perks such as self-serve vacuum stations and wet or dry mat cleaning machines. Founded in 2015, in Houston, Texas, in 2021 WhiteWater partnered with Freeman Spogli & Co., a private equity firm. In 2022 WhiteWater grew by nearly 50%, closing out the year with 88 sites, in six states and 12 MSAs, with plans to exceed 100 locations in 2023. They are headquartered in Houston, Texas.

Freeman Spogli & Co is a private equity firm dedicated to investing with management in middle market companies in the consumer and distribution sectors through leveraged buyouts and recapitalizations. The firm has invested over $5.3B in 67 portfolio companies with an aggregate transaction value of over $25B. Current investments include El Pollo Loco, Batteries + Bulbs, Cafe Rio, Planet Fitness, ARHAUS, and more. The firm is headquartered in Los Angeles, California.

...

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