Take 5 Car Wash - Whistle Express Corporate Guaranty
Retail | 6.00% CAP | 2,848 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 8787 Tara Boulevard, Jonesboro, GA. The site consists of roughly 2,848 rentable square feet of building space on an estimated 1.9-acre parcel of land. The current annual rent is $158,198 and has scheduled increases of 1.90% annual beginning 1/1/2030
Investment highlights
Over 24 Years Remaining Triple Net Lease | The property is backed by a new NNN lease, offering investors stable and passive income with minimal landlord obligations. Scheduled 11.90% annual beginning 1/1/2030 to provide consistent cash flow growth.
Bonus Depreciation | This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership. This form of depreciation enhances after-tax cash flow and adds to overall investment returns, making this property ideal for investors looking for tax treatment on real estate holdings. Surmount is not a tax advisor. Please consult your own tax professional.
Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America | The lease is backed by Whistle Express, the nation’s largest car wash operator, providing investors with security and stability. As a market leader with a rapidly expanding footprint, Whistle Express brings strong creditworthiness and proven operational expertise to the site.
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