WhiteWater Express Car Wash

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04/30/2025 By B+E

WhiteWater Express Car Wash

https://www.whitewatercw.com/ | Freeman Spogli & Co.

WhiteWater Express Car Wash Tenant Overview

Founded in 2016 in Tomball, Texas, WhiteWater Express has rapidly expanded to over 120 locations across six states. Supported by Freeman Spogli & Co., the company offers premium services like free vacuums, air guns, mat cleaning, and a high-performance wash system, including carnauba wax and rain-repellent glass wax. WhiteWater is committed to sustainability, using just 25-30 gallons of water per car wash—70% less than industry standards—and eco-friendly detergents. Recent growth includes six new locations in 2024 and strategic acquisitions, like Four Seasons Car Wash in Ohio and Classic Auto Space in Louisiana.

Tenant Data:

COMPANY	WhiteWater Express Car Wash
Guarantor	Corporate
Ownership	Private
Private Equity Partnership	Freeman Spogli & Co.
Headquarters	Tomball, TX
Locations (North America)	± 125
Regions	South, Midwest
Employees	± 1,300
Founded	2016
Website	https://www.whitewatercw.com/

Average WhiteWater Express Car Wash
Number on Market	9
Average Price	$4,537,638
Average Remaining Term	17.0 Years
Average Cap Rate	6.14%
Average NOI	$279,398
Average PPSF	$1,082
Average Building SF	4,557 SF
Average Lot Size	1.50 AC
AS OF 04/01/2025