Retail    

Tommy's Express Car Wash
(Sale Leaseback)

 Schofield, WI

Asking Price

$5,333,333

Cap Rate

7.50%

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Year Built

2020

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Lease Type

Absolute NNN

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Square Feet

4,010 SF

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Land

1.06 AC

For more details on this exclusive listing, execute the following NDA:

EXECUTE NDA

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Tommy’s Express Car Wash | Brand-New 20-Year Sale-Leaseback | 1.75% Annual Increases | Absolute NNN Lease
  • High-Performing Location | Outstanding Membership Revenues
  • Price Increases Recently Implemented
  • High-Traffic Intersection | 30K+ VPD | Critical Access to Highways
  • Growing Operator | Multiple Sites in Market | Supportive of Membership Sales
  • National Leader in Car Wash Franchise Model | 200+ Locations Open | Expanding Internationally
  • Rapid Industry Growth | 72% of Drivers Use Professional Car Washing Services
  • Eligible for Accelerated Depreciation & 60% Bonus Depreciation

Exclusively Listed By

Jim Ceresnak

Vice President
  jceresnak@northmarq.com      704.807.6452

Maxwell Eaton

Associate
  meaton@northmarq.com      704.935.7010

Jake Gajda

Analyst
  jgajda@northmarq.com   

In Association With
BJ Feller

WI Lic. #57176-90

Northmarq

1415 Vantage Park Drive | Suite 220
Charlotte, North Carolina 28203


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