DALLAS-A northeast Dallas tract along Northwest Highway has brought close to the $14 per sf asking price for a vehicle dealer who sold the holding to a car wash operator. Construction could begin in a week.

Wave Wash LP acquired the 1.1-acre parcel near the Garland line from ROE Realty, an affiliate of the RO Evans family in Dallas. The land was on the market about a year and sits in a redevelopment area with a Lowe’s nearby and a Quik Trip as an immediate neighbor. Thurston Witt of Dallas-based UCR represented the seller.

Wave Wash principal Frank Meneghetti of Dallas and broker Eric Gilbert with Grubb & Ellis Co. in Dallas spotted the tract about six months ago. With the all-cash deal done, the owner is awaiting building permits for his second metroplex location. Wave Wash intends to be open in January 2004.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.