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Car Wash

Abs Net 20Yr Car Wash w/ Largest Operator in AR | New Premium Northwest AR Site | Bonus Depreciation

1771 Green Acres Rd, Fayetteville, AR 72703

Listing Price: $5,525,000

Cap Rate
7.00%
Tenant Name
Splash Car Wash
Years Remaining On Lease
20.1
Gross SF
5,115
Guarantor
Corporate Guarantee
Rentable SF
5,115
Price/Gross SF
$1,080.16
Lease Type
Absolute Net
Rent Per Square Feet
$75.61

Investment Overview

Located in the scenic Ozark Mountains of Northwest Arkansas, Fayetteville is a vibrant city and the third largest in the state, boasting a population of approximately 87,000 as of the 2020 Census. As part of the Fayetteville-Springdale-Rogers Metropolitan Area, the city serves as a cultural and economic hub, known for its rich history, diverse community, and robust educational landscape. Fayetteville is home to the University of Arkansas, which significantly influences the local economy and culture, making it an attractive destination for students, professionals, and families alike.

Investment Highlights

  • 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 2.0% Annual Rental Increases throughout the Initial Term and Options. Brand New 2024 High Quality Construction.
  • Positioned Along Area's Traffic and Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 27k Vehicles.
  • Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
  • Near VA Medical Center-Fayetteville - a General Medical and Surgical Facility, serving Veterans living within Northwest Arkansas.
  • Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas with over 40k Members and performs 750k+ Washes Annually. The Lease Offers Full Personal and Corporate Guaranty from a Guarantor worth over $25 Million.
  • Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor.
  • Densely Populated & Affluent Area: Features an Average Household Income of more than $82k and over 116k People Residing within a 5-Mile Radius.
  • Minutes from the University of Arkansas - the Largest University in the State with 27k+ Students Enrolled. Ranked 13th among Universities with the most Graduates working at top Fortune 500 Companies. Immediate Area Experiencing Major Growth: Fayetteville has been Ranked Among the Nation's Fastest-Growing Places in the Most Recent Years.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Car Wash

Abs Net 20Yr Car Wash w/ Largest Operator in AR | New Premium Northwest AR Site | Bonus Depreciation

Listing Price: $5,525,000

Cap Rate
7.00%
Tenant Name
Splash Car Wash
Years Remaining On Lease
20.1
Gross SF
5,115
Guarantor
Corporate Guarantee
Rentable SF
5,115
Price/Gross SF
$1,080.16
Lease Type
Absolute Net
Rent Per Square Feet
$75.61

Investment Highlights

  • 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 2.0% Annual Rental Increases throughout the Initial Term and Options. Brand New 2024 High Quality Construction.
  • Positioned Along Area's Traffic and Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 27k Vehicles.
  • Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
  • Near VA Medical Center-Fayetteville - a General Medical and Surgical Facility, serving Veterans living within Northwest Arkansas.
  • Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas with over 40k Members and performs 750k+ Washes Annually. The Lease Offers Full Personal and Corporate Guaranty from a Guarantor worth over $25 Million.
  • Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor.
  • Densely Populated & Affluent Area: Features an Average Household Income of more than $82k and over 116k People Residing within a 5-Mile Radius.
  • Minutes from the University of Arkansas - the Largest University in the State with 27k+ Students Enrolled. Ranked 13th among Universities with the most Graduates working at top Fortune 500 Companies. Immediate Area Experiencing Major Growth: Fayetteville has been Ranked Among the Nation's Fastest-Growing Places in the Most Recent Years.

Investment Overview

Located in the scenic Ozark Mountains of Northwest Arkansas, Fayetteville is a vibrant city and the third largest in the state, boasting a population of approximately 87,000 as of the 2020 Census. As part of the Fayetteville-Springdale-Rogers Metropolitan Area, the city serves as a cultural and economic hub, known for its rich history, diverse community, and robust educational landscape. Fayetteville is home to the University of Arkansas, which significantly influences the local economy and culture, making it an attractive destination for students, professionals, and families alike.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

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