FlagShip Car Wash| $9,000,000| 6.25% 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. Bang Realty 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 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.
» STRONG AFFLUENT DEMOGRAPHICS: The subject property benefits from exceptional surrounding demographics, drawing from a dense and affluent consumer base of 41,000 residents within a 3-mile radius and 87,500 within 5 miles. Average household incomes of $137,900 and $150,800 within the respective trade areas reflect a high-income community with robust consumer spending power.
» SURROUNDED BY NATIONAL RETAILERS: The subject property sits within a thriving retail corridor anchored by a strong mix of national tenants including Giant, Wawa, Starbucks, CVS, Aldi, Marshalls, Wendy's, Chick-fil-A, and McDonald’s.
» PREMIER RETAIL INTERSECTION: The subject property is strategically positioned at the signalized intersection of Kimberton Road and Nutt Road, a high-visibility retail corridor with combined traffic counts exceeding 34,000 vehicles per day, providing exceptional exposure to a consistent and captive consumer base.
» STRATEGIC LOCATION NEAR PHILADELPHIA: The subject property is ideally positioned in close proximity to Philadelphia, one of the nation’s largest and most dynamic metropolitan areas. This premier location benefits from significant commuter traffic, a dense and highly educated workforce, and a diverse, high-spending consumer base.
