» 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.

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» DENSE NORTHEAST PHILADELPHIA TRADE AREA: The property is supported by a dense urban trade area, with approximately 274,100 residents within 3 miles and over 537,500 within 5 miles. Nearly 198,000 households live within 5 miles, with average household incomes of $81,200 within 3 miles and $86,900 within 5 miles, providing a deep and stable consumer base.

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» FLAGSHIP CAR WASH CORPORATE GUARANTEE: The lease is guaranteed by Flagship Carwash, a leading and rapidly expanding car wash operator with a dominant presence in the DMV region. The company currently operates 50+ locations and has an additional 40 sites in its development pipeline, further strengthening its footprint with planned expansion into the Northeast through 2027.

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» STRONG RETAIL CORRIDOR: The property is situated along an established retail corridor with a strong mix of national retailers and daily-needs operators, including Target, Macy’s, ACME Markets, ALDI, Wawa, and Dunkin’, driving consistent consumer traffic and supporting the site’s longterm retail viability.

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» LOCATED WITHIN PHILADELPHIA: The property is located within the city of Philadelphia, one of the nation’s largest metropolitan areas, benefiting from heavy commuter traffic, a dense workforce, and direct access to major employment hubs and regional thoroughfares.

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» NEARBY SCHOOLS & MEDICAL CENTER: The property is located near Nazareth Hospital, a full-service acute care hospital with 203 licensed beds, as well as Northeast High School (~3,450 students) and Lincoln High School (~2,470 students), which together support a strong daytime population and steady local demand.

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» PRIME ROOSEVELT BOUELVARD FRONTAGE: The property fronts Roosevelt Boulevard (U.S. Route 1), one of Northeast Philadelphia’s primary commuter and retail corridors. Roosevelt Boulevard carries approximately 51,400 vehicles per day, providing strong visibility and convenient access for both commuter and local traffic.

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» ESTABLISHED CAR WASH FACILITY: The property is a modern car wash facility built in 2021, with approximately 5,703 square feet of building space on an estimated 0.54-acre parcel. Flagship locations average more than 400 washes per day and over 150,000 washes annually.

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