Internet Resistant Business - The car wash industry is service-based, making it internet and e-commerce resistant.
Eligible for Bonus Depreciation - This car wash is eligible for 80% bonus depreciation. Consult with your tax expert.
More “Do It For Me” Customers Going to Car Washes - Increased car counts nationwide resulting in more daily car washes and a $15 billion industry with 2 billion cars washed annually.
Landlord Favorable Lease - The lease is Absolute NNN giving the owner a truly passive investment. The Tenant’s responsibilities include roof, structure, and parking.
18+ Years of Lease Remaining - The 20-year lease has over 18 years remaining with two ten-year options to extend.
Scheduled Rent Bumps - The lease in place includes scheduled rental increases of 2.00% annually, helping to protect investor’s returns against inflation.
Located Off Major Highway Intersection - The Property is located at the intersection Highway 27 (49,766 VPD) and Interstate 185 (75,900 VPD).
Located Across from Peachtree Mall - Peachtree Mall, located directly across from the Property, is the only super-regional shopping center with top-quality business space within 60 miles. The center sees more than 10 million customers each year.
Located Within Major MSA Near Fort Moore - Columbus MSA has more than 324K+ residents and is home to Fort Moore, the largest army training installation in the world.