Whistle Express Car Wash — Sale in Cape Coral, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Cape Coral, FL 33914
Photos
Investment Figures
- Cap rate
- 6.25%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Whistle Express Car Wash prides itself on delivering consumers and teammates a premium on-premise experience, including its Unlimited Fast Pass Membership Program, free towels, free vacuums, and free mat washing stations. Cape Coral is the largest city in Lee County and one of the fastest-growing cities in the state. Incorporated in 1970, Cape Coral was developed as a master-planned waterfront community and is now known for having over 400 miles of navigable canals, more than any other city in the world. Investment Highlights: • Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction • Eight Percent Rental Increases Every Five Years with Multiple Renewal Options • Number One Largest Car Wash Operator in the U.S. with Over 530 Locations Across 23 States • Whistle Express Car Wash Acquired Take 5 Car Wash in April 2025, More Than Tripling the Company's National Footprint • Property Qualifies for 100 Percent Bonus/Accelerated Depreciation • Densely-Populated Tampa Trade Area - 256,426 Residents within a Five-Mile Radius • Households and Population Projected to Increase Approximately Over Four Percent in the Surrounding Area Over the Next Five Years • Average Household Income Exceeds $100,000 in the Surrounding Area
Market Context
This retail in Cape Coral, FL is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Cape Coral, FL — view the full market.
Estimated Price per SF
$64.57/SF – $469.58/SF
Mid: $195.66/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Zack House · (602) 687-6650 · zachary.house@marcusmillichap.com
- Mark Ruble · (602) 687-6766 · mark.ruble@marcusmillichap.com
- Chris Lind · (602) 687-6780 · chris.lind@marcusmillichap.com
- Ryan Nee · (954) 245-3400
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com
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