Mister Car Wash| $4,800,000| 6.16% CAP
» 13.5 YEARS REMAINING ABSOLUTE NET LEASE: Brand-Backed Lease with Zero Landlord Responsibilities; Tenant Responsible for All Operating Expenses, Maintenance, Roof & Structure.
» 2009 CONSTRUCTION RENOVATED 2019: Modern Tunnel Car Wash Facility (3,138 SF) Situated on A 28,750 SF Parcel With Established Customer Base.
» 1.5% ANNUAL RENT INCREASES STRATEGIC RETAIL CORRIDOR: Contractual Annual Increases Throughout Primary Term Provide Predictable NOI Growth Through 2039.
» CORPORATE TENANT: Lease To Car Wash Headquarters, Inc. With Guaranty from Car Wash Partners, Inc., A Delaware Corporation Located Along One of Monroe’s Major Thoroughfares with Connectivity to U.S. Route 78 (14,300 VPD) And Direct Access to Atlanta MSA.
» PART OF THE EXPANDING ATLANTA MSA: Monroe Sits Within the Atlanta Metropolitan Area between Atlanta and Athens —One of The Largest and Fastest-Growing.
