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Car Wash

Mach 1 Car Wash

9 Hillview Ave SE, Cartersville, GA 30121

Listing Price: $5,100,000

Cap Rate
6.76%
Tenant Name
Mach One Express Wash of Cartersville, LLC
Years Remaining On Lease
16.5
Guarantor
Corporate Guarantee
Rentable SF
5,200
Lease Type
Absolute Net
Rent Per Square Feet
$66.34

Investment Overview

Mach-1 Express Wash is a privately owned express tunnel car wash operator headquartered in Centre, Alabama. Founded in 2018, the company focuses on high-efficiency wash facilities supported by subscription based membership programs that drive recurring revenue and customer retention. Mach-1 has rapidly expanded its footprint through new development and sale-leaseback transactions across multiple U.S. markets. The Cartersville location opened in 2022 and operates under Mach One Express Wash of Cartersville, LLC. The lease is backed by both personal and corporate guaranties, providing
additional credit support. Mach 1 Express Wash utilizes a subscription-oriented operating model common within the express wash sector, emphasizing recurring revenue and high-frequency
customer visits.

Investment Highlights

  • 16.5-YEAR ABSOLUTE NET LEASE
  • CONTRACTUAL 1.5% ANNUAL RENT INCREASES
  • 2022 CONSTRUCTION INSTITUTIONAL-QUALITY
  • FEE SIMPLE OWNERSHIP PERSONAL & CORPORATE GUARANTY
  • STRATEGIC RETAIL CORRIDOR LOCATION
  • GROWING NORTH METRO ATLANTA MARKET

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Listing Price: $5,100,000

Cap Rate
6.76%
Tenant Name
Mach One Express Wash of Cartersville, LLC
Years Remaining On Lease
16.5
Guarantor
Corporate Guarantee
Rentable SF
5,200
Lease Type
Absolute Net
Rent Per Square Feet
$66.34

Investment Highlights

  • 16.5-YEAR ABSOLUTE NET LEASE
  • CONTRACTUAL 1.5% ANNUAL RENT INCREASES
  • 2022 CONSTRUCTION INSTITUTIONAL-QUALITY
  • FEE SIMPLE OWNERSHIP PERSONAL & CORPORATE GUARANTY
  • STRATEGIC RETAIL CORRIDOR LOCATION
  • GROWING NORTH METRO ATLANTA MARKET

Investment Overview

Mach-1 Express Wash is a privately owned express tunnel car wash operator headquartered in Centre, Alabama. Founded in 2018, the company focuses on high-efficiency wash facilities supported by subscription based membership programs that drive recurring revenue and customer retention. Mach-1 has rapidly expanded its footprint through new development and sale-leaseback transactions across multiple U.S. markets. The Cartersville location opened in 2022 and operates under Mach One Express Wash of Cartersville, LLC. The lease is backed by both personal and corporate guaranties, providing additional credit support. Mach 1 Express Wash utilizes a subscription-oriented operating model common within the express wash sector, emphasizing recurring revenue and high-frequency customer visits.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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