Mister Car Wash - Springfield, MO

Tenancy: Mister Car Wash

Renewal Options: Four, 5-Year Options

Lease Expiration: 19 Years Remaining

Rental Increases: Annual

• Single-Tenant Mister Car Wash:

∘ Corporately guaranteed lease by the largest car wash operator in the U.S.

∘ Absolute NNN Lease, zero landlord responsibilities

∘ 19-years remaining with four 5-year options

∘ 2.0% annual increases during primary term and options

• About Mister Car Wash:

∘ 518 locations with numerous new sites set to open in 2024

∘ $998 million in total revenue reported for 2023

∘ 2.1 million Unlimited Wash Club members, 10.3% increase

∘ 41 new sites opened in 2023, 35 of which are greenfield locations and 6 acquired

∘ Publicly traded company (NYSE: MCW)

Headquartered in Tucson, Arizona, Mister Car Wash, Inc. (NYSE: MCW) operates over 518 car washes nationwide and has the largest car wash subscription program in North America. With over 25 years of car wash experience, the Mister team is focused on operational excellence and delivering a memorable customer experience through elevated hospitality. The Mister brand is anchored in quality, friendliness and a commitment to the communities they serve as good stewards of the environment and the resources they use. Mister believes that when you take care of your people, they will take care of your customers.

Mister Car Wash is quickly expanding, adding an average of 30+ locations each year over the last five years. To support their growth trajectory, they’re focused on their people, building a solid headquarters and regional store support infrastructure, robust training to develop and promote talent, and best-in-class benefits.

Mister Car Wash – Springfield, MO

Mister Car Wash – Springfield, MO

Market Updates