B+E Research and Insights
5 Steps to Navigating a Sale-Leaseback Transaction
Sale LeasebackB+E Research and Insights12/09/2025
Navigating a Sale-Leaseback Transaction A Step-by-Step Guide As a CFO, you may consider a sale leaseback to manage your company’s real estate and support its growth goals. While the process of a sale leaseback can be complex, with the right advisors and a detailed planning process, it can provide many benefits to your company. You’re […]
Market Overview – October 2025As of November 3, 2025, there are 237 net lease car wash properties on the market nationwide — a meaningful month-over-month increase.Key Metrics (October 2025)Total Listings: 237 (up from 176 in September)Average Cap Rate: 6.25% (down slightly from 6.27%)Average Price: $5,137,621Average NOI: $339,920Average Lease Term: 18.1 YearsThis combination of rising inventory […]
BlueWave Express Car Wash https://bluewaveexpress.com/ BlueWave Express Car Wash Tenant Overview BlueWave Express Car Wash delivers exceptional, eco-friendly car washes at unbeatable prices, offering free unlimited turbo-powered vacuums, clean restrooms, and a full on-site staff. Through its advanced PureWater Recovery System, BlueWave reclaims and reuses up to 80% of the water used in each wash, […]
September 2025 Net Lease Car Wash Properties ReportThe net lease car wash market surged in September 2025, marking one of its most active months of the year. Drawing on data from B+E’s 1031 Trade Database, this month’s update explores key performance indicators across listings, pricing, cap rates, operator activity, and state trends, highlighting where the […]
Cap Rates in Commercial Real Estate: What Q3 2025 Data Means for Your Investment Strategy
B+E Research and Insights10/28/2025
Cap Rates in Commercial Real Estate: What Q3 2025 Data Means for Your Investment Strategy Understanding cap rates in commercial real estate goes beyond formulas—it’s about how supply, tenant demand, and macroeconomic shifts influence returns. Q3 2025 data shows that property inventory expanded while cap rates generally edged lower, creating new opportunities for investors with […]
Whistle Express Car Wash www.whistleexpresscarwash.com Whistle Express Car Wash Tenant Overview Whistle Express Car Wash is the largest car wash operator in the United States, with over 540 locations nationwide. Originally founded in 2014 as Magnolia Wash Holdings, the company rapidly expanded and rebranded as Whistle Express. In 2025, it acquired Take 5 Car Wash […]
Caliber Car Wash https://calibercarwash.com/ | Clydesdale Holdings, LLC Caliber Car Wash Tenant Overview Founded in 2019 in Atlanta, Georgia, Caliber Car Wash has rapidly grown to over 60 locations across the South. Backed by Percheron Capital, the company focuses on top-tier customer service, advanced technology, and eco-friendly practices. Caliber uses a water reclamation system that […]
Mister Car Wash https://mistercarwash.com/ | Car Wash Partners, Inc. Mister Car Wash Tenant Overview Founded in 1969 in Houston, Texas, Mister Car Wash is the largest car wash operator in North America, with over 500 locations across 21 states. Known for quality service and customer experiences with over 50+ years of operating history, the company serves […]
Mammoth Car Wash https://mammothholdings.com/| Red Dog Equity, LLC Mammoth Car Wash Tenant Overview Founded in 2002, Mammoth is one of the largest car wash operating platforms in the United States, with nearly 150 locations made up of 20+ brands.These brands include:Finish LineMarc-1 UltraSwifty Car WashQuickWashPalsWiggy WashWash TimeShine OnPitStopMr. KPapa’s Express Car WashFast TracOllie’sPureMagicLuLu’sSilverstarBusy BeeSudsShine-N-GoWasatchWash N’ […]










