ABS NET 20YR CAR WASH | #1 TEXAS OPERATOR | ANNUAL INCREASES
Retail | 6.75% CAP | 3,615 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310591/bluewave-express-car-wash
Investment highlights
20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.
Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System.
Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Backed by Strong Unit Economics and Consistent Membership Growth. Strategic Alliance with ClearWater Express Wash Creates 95+ Locations Nationwide Reinforces Long-Term Stability, Scale, and Growth Potential.
Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
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