28810 NORTHWESTERN HWY, SOUTHFIELD, MI 48034

LEASE TERM: El Car Wash will sign a 20-year Absolute NNN Lease with six (6), 5-year renewal options upon close of escrow. This is a new construction build-to-suit Property and features a corporate guaranty.

ATTRACTIVE RENT INCREASES: The El Car Wash lease calls for attractive 2.0% annual rent increases throughout the primary lease term and renewal options, providing the investor with an attractive increase in revenue and hedge against inflation.

DYNAMIC TENANT: Founded in 2011 and based in Miami, El Car Wash is the premier express car wash operator in Florida and Michigan with over 100+ operating sites producing industry-leading KPI’s. El Car Wash also has a development pipeline of 50+ sites in multiple states. This location features a Corporate Guaranty.

ZERO MANAGEMENT RESPONSIBILITIES: El Car Wash has an Absolute NNN Lease and is responsible for real estate taxes, insurance, common area maintenance and all repairs and replacements of the premises making it an attractive investment for the passive real estate investor. POTENTIAL BONUS DEPRECIATION: The Property may qualify for 100% Bonus Depreciation – Consult with your CPA or Tax Professional.

PRIME COMMERCIAL MARKET: Southfield has earned a reputation as one of the Midwest’s most important suburban employment and commercial centers, serving as a key hub for corporate operations throughout the Detroit region. The city’s business environment is anchored by a dense concentration of office campuses, medical facilities, financial institutions, and technology firms that benefit from Southfield’s highly accessible location and established infrastructure. Its proximity to major transportation corridors allows companies to efficiently connect with Detroit, Ann Arbor, and the broader Great Lakes region, making the city attractive to both national corporations and regional businesses. In addition to traditional office users, Southfield has seen continued growth in sectors such as healthcare, mobility technology, engineering, and business services, reinforcing its role in Michigan’s evolving economy.

TRAFFIC COUNTS: On average more than 100,000 vehicles pass the Property daily at the signalized intersection of Northwestern Highway (MI Route 10) and W 12 Mile Road. DEMOGRAPHICS: Approximately 60,400 people live within 3 miles of the Property with an average household income of $126,544. More than 196,100 people live within 5 miles of the Property with an average household income of $138,685. Additionally, there are more than 157,600 employees within 5 miles of the Property.

RETAIL TRADE AREA: Notable retailers and restaurants drawing traffic to the trade area include Home Depot, Lowe’s, Meijer, Best Buy, Guitar Center, Ulta, Michaels, PetSmart, Walgreens, Family Dollar, Panera, Chipotle, Chick-fil-A, Starbucks, McDonald’s, Burger King, Wendy’s, Taco Bell, Popeyes, Dave’s Hot Chicken, Panda Express, Smoothie King, Firehouse Subs, Domino’s, Dunkin’, Tim Horton’s, PNC Bank and Chase Bank.