ExpressIncludes real estate
Whistle Express Car Wash – Express car wash, Fort Smith, AR
8411 Phoenix Ave, Fort Smith, AR 72903
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$1,820,000
Highlights
- Investment type: Absolute NNN lease
- 6.00% cap rate
Property facts
| Asking price | $1,820,000 |
|---|---|
| Wash type | Express |
| Deal type | Includes real estate |
| Address | 8411 Phoenix Ave, Fort Smith, AR 72903 |
| Building | 4,900 SF |
About this car wash
The building is roughly 4,900 square feet, and the land and building appear to be included. Around central Fort Smith, about 50,900 residents live within three miles, with a median household income near $44,300.
Investment details
| Investment type | Absolute NNN lease |
|---|---|
| Cap rate (as stated by broker) | 6.00% |
| Tenant | Whistle Express Car Wash (corporate) |
| Guarantor | Corporate guarantee – Express Wash Intermediate, LLC (parent of Whistle Express; majority-owned by Oaktree funds) |
| Lease term remaining | 23.2 years |
| Rent | $22.44/SF on 4,862 rentable SF |
| Landlord responsibilities | None – absolute net, zero landlord responsibilities |
| Listing broker | Clay Brown and Ruthanne Loar, Marcus & Millichap (Seattle); broker of record Steve Greer (AR) |
Source: www.marcusmillichap.com (public listing page, checked Nov 2, 2026). Verify in diligence.
Financials
| Asking price | $1,820,000 (as marketed) |
|---|---|
| Cap rate | 6.00% (as marketed) |
Figures are as marketed by the seller or calculated directly from them; nothing here is our estimate. Verify in diligence.
Financials
| Asking price | $1,820,000 |
|---|---|
| Cap rate | 6 |
Demographics
| 3-mile radius (approx.) | 50,888 people · 20,284 households · median household income ~$44,281 |
|---|---|
| 5-mile radius (approx.) | 76,820 people · 30,162 households · median household income ~$49,614 |
Data: U.S. Census ACS 5-year (via Esri Living Atlas); FHWA HPMS traffic counts; © OpenStreetMap contributors; imagery USGS The National Map / USDA NAIP (public domain). Figures are approximate.