WhiteWater Express Car Wash

For Sale

23719 Katy Freeway, Katy, TX 77494

This Katy property for sale is located at 23719 Katy Freeway. The current listed sale price for WhiteWater Express Car Wash is $5,177,000. WhiteWater Express Car Wash is situated on a lot that is 1.02 acre in size.

Contacts

broker

Sal Yaldo

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 4,078 SF
  • Lot Size 1.02 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2021
  • Date Updated Sep 18, 2024
Katy is a city in the state of Texas. It is the Greater Katy area, itself forming the western part of the Greater Houston metropolitan area. The City is unique in that it sits within three counties – Harris, Fort Bend and Waller. Katy had a population of 21,894 at the 2020 U.S. census, up from 14,102 in 2010. Several corporations are headquartered in areas surrounding Katy. Igloo Corporation is headquartered west of Katy in unincorporated Waller County. Academy Sports and Outdoors has its corporate offices and product distribution center in unincorporated western Harris County. In 2017, Amazon constructed a 1 million-square-foot distribution center near the intersection of Highway 90 and Woods Road. In 2021, it was estimated that new development projects were near completion to stimulate the local economy. With the economy improving after 2009, retail centers were developed throughout Katy to accommodate the rapid residential growth. The major retail growth is taking place along Katy Fort Bend Road near the east entrance to the Katy Mills shopping mall. In August 2010, H-E-B Food & Drug opened a new UP format store at I-10 and Pin Oak. In July 2013, Costco announced that it would open a store at the southwest corner of Grand Parkway and I-10 in 2014. The Katy Area Economic Development Council serves as the economic development organization for the area. Founded in 2003, the Katy Area Economic Development Council's (Katy Area EDC) mission is to establish the Katy area as the premier location for families and businesses through planned economic growth and economic development. Since its inception, the Katy Area EDC has grown to over 210 members, has a budget of $900,000 and has assisted in the creation of over 16,200 jobs and more than $2.5 billion in capital investment. Katy Area EDC is a full-service private, non-profit, 501 (c) 6 economic development corporation..

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Highlights

  • Single Tenant Absolute NNN WhiteWater Express Car Wash - 17+ Years Remaining on the Lease
  • Strong Corporate Guarantor - WhiteWater has 125 Locations Nationally and Growing - Industry Dominant Tenant
  • 1.25 Percent Annual Rental Increases - Lease Equipped with Four, Five Year Options to Renew
  • 2021 Construction to the Tenant's Specification and Prototype
  • Phenomenal Location - Costco Outparcel and Located at the I-10 US 99 Interchange and Surrounded by the "Who's Who" of National Retailers
  • Fee Simple (Not a Ground Lease) - Provides Landlord with Tax Advantages Related to the Accelerated Bonus Depreciation Model
  • High-Growth Houston Suburb: Katy is one of Houston’s fastest-growing suburbs
  • Surrounded by Highly Sought After Established Residential Neighborhoods: Katy is comprised of 13 master-planned communities
  • Houston Suburb: Largest city in Texas and 4th most populous city in the U.S. (2.3million residents); 7.1 million residents in the Houston MSA

Getting around

  • 47/100

    Walk Score ®

  • 23/100

    Transit Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Katy, TX
  • Zip Code 77494
  • Market Houston

Points of Interest

  • Shell

    0.18 miles

  • Costco Gasoline

    0.26 miles

  • Texaco

    1.08 miles

  • Murphy USA

    1.16 miles

  • Valero

    1.81 miles

  • Exxon

    1.84 miles

  • Tesla Supercharger

    2.41 miles

  • Grand Parkway Park & Ride

    0.49 miles

  • Oversize Lot

    1.25 miles

  • ADA Lot

    1.25 miles

  • residence inn Katy Mills pkwy

    1.88 miles

  • Kingsland Park & Ride

    2.47 miles

  • East Gate Garage

    2.92 miles

  • West Gate Garage

    2.93 miles

  • Cinco Ranch Building parking lot

    3.07 miles

  • Cinco Park Parking

    3.31 miles

  • Fry Road Park & Pool

    3.79 miles

  • la Madeleine

    0.56 miles

  • Chipotle

    0.58 miles

  • Slim Chickens

    0.61 miles

  • Sanskar Maharashtrian Veg Cuisine

    0.61 miles

  • Brewingz Sports Bar & Grill

    0.62 miles

  • Red Robin

    0.66 miles

  • Whiskey Cake Kitchen & Bar

    0.67 miles

  • Black Bear Diner

    0.68 miles

  • Kura Sushi

    0.69 miles

  • Haidilao Hot Pot

    0.70 miles

  • JCPenney

    0.67 miles

  • H Mart

    0.79 miles

  • Walmart Supercenter

    1.23 miles

  • Katy Mills

    1.69 miles

  • Kroger

    1.84 miles

  • Brookshire Brothers

    1.94 miles

  • Fiesta Mart

    2.06 miles

  • 99 Ranch Market

    2.07 miles

  • Big Lots

    2.27 miles

  • H-E-B

    2.49 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Sal Yaldo

Encore Real Estate Investment Services