Whistle Express Car Wash | Odessa, FL | 100% Bonus… — Sale in Odessa, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Odessa, FL 33556
Photos
Investment Figures
- Cap rate
- 5.75%
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
Lease - 16.5 Years Remaining on Base Term - Absolute NNN – NO Landlord Responsibilities - 2% Annual Increases starting January 2029 - Corporate Guarantee - Four, 5-Year Options 100% Bonus Depreciation - This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership. This form of depreciation enhances after-tax cash flow and adds to overall investment returns, making this property ideal for investors looking for tax treatment on real estate holdings. Odessa, FL / Exploding Market in Tampa MSA - The property is located on State Road 54 which sees 54,000 cars per day and directly off of Suncoast Parkway Toll Road which sees 65,900 cars per day! - Much of Odessa lies in southern Pasco County, one of Florida's fastest-growing counties. Pasco's population is projected to continue expanding significantly through 2045, while Hillsborough County is also expected to add hundreds of thousands of residents over the coming decades. - Odessa attracts affluent households seeking larger homes, acreage, top-rated schools, and suburban amenities. The area features a high concentration of executive housing, lakefront properties, golf communities, and master-planned developments, supporting strong home values and premium retail demand. Whistle Express Corporate Guarantee - Whistle Express has become the largest car wash operator in the U.S., now with over 530 locations across 23 states Investment Highlights: • Lease - 16.5 Years Remaining on Base Term - Absolute NNN – NO Landlord Responsibilities - 2% Annual Increases starting January 2029 - Corporate Guarantee - Four, 5-Year Options • This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership • The property is located on State Road 54 which sees 54,000 cars per day and directly off of Suncoast Parkway Toll Road which sees 65,900 cars per day!
Market Context
This retail in Odessa, FL is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Odessa, FL — view the full market.
As of Q4 2025, the Tampa retail market showed a 3.4% vacancy rate, average asking rents near $27.49/SF/yr, and rents up 4.5% year over year. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- Is the Tampa retail market tightening or softening?
- Vacancy is around 3.4%, with asking rents rising year over year (Q4 2025).
Contact
- Reid Thedford · (813) 387-4726 · reid.thedford@marcusmillichap.com
- Evan Cannan · (813) 387-4765 · evan.cannan@marcusmillichap.com
- Garrett Fierstein · (407) 557-3862 · garrett.fierstein@marcusmillichap.com
Explore this market
Similar Retail Business for Sale in Florida
- Stabilized Broward County Retail Strip - Walmart Shadow Anchored — Contact for price · North Lauderdale, FL
- MR. CLEAN CAR WASH | 3 CORPORATE & 4 PERSONAL GUARANTEES | 100% BONUS DEPRECIATION | 62K VPD — Contact for price · Orange Park, FL
- Cali's Smoke Shop | Prime South Tampa Location — Contact for price · Tampa, FL
- Heritage Square — Contact for price · Melbourne, FL
- Bear Lake Shoppes — Contact for price · Apopka, FL
- Walgreens — Contact for price · Deerfield Beach, FL