FlagShip Car Wash| $6,950,000| 6.35% CAP
» BONUS DEPRECIATION OPPORTUNITY: 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 and Marcus and Millichap are not a tax advisors. Please consult your own tax professional.
» FLAGSHIP CARWASH CORPORATE GUARANTEE: The lease is guaranteed by Flagship Carwash, a leading and rapidly growing car wash brand with a strong regional presence. Flagship is the market leader in the DMV area with 50+ operating locations and an extensive development pipeline, and is actively expanding its footprint throughout the Northeast, further strengthening its brand recognition and longterm growth trajectory.
» STRONG DEMOGRAPHICS & AFFLUENT CONSUMER BASE: The subject property is located within a well-established and prosperous trade area, with approximately 84,900 residents within a 3-mile radius and 176,300 residents within a 5- mile radius. The surrounding community is affluent, with average household incomes of approximately $109,600 within a 3-mile radius and $124,700 within a 5-mile radius, supporting strong consumer spending and long-term retail and restaurant demand.
» STRONG RETAIL CORRIDOR: The subject property is situated along a high-traffic Germantown Pike corridor featuring a diverse mix of national retailers and daily-needs operators, including Weis Markets, Harbor Freight, TJ Maxx, Staples, Chick-fil-A, Tractor Supply, Applebee's, Wawa, and more, driving strong consumer traffic and reinforcing the site’s long-term retail viability.
