Tenancy: Mister Car Wash
Renewal Options: Four, 5-Year Options
Lease Expiration: 20 Years from COE
Rental Increases: Annual
• Single-Tenant Mister Car Wash Sale-Leaseback:
∘ Corporately guaranteed lease by the largest car wash operator in the U.S.
∘ Absolute NNN Lease, zero landlord responsibilities
∘ 20-year initial lease term with four 5-year options
∘ 1.5% annual increases during primary term and options
• About Mister Car Wash:
∘ 522 locations with numerous new sites set to open in 2025
∘ $995 million in total revenue reported for 2024
∘ 202 million Unlimited Wash Club members
∘ 39 new sites opened in 2024, a record for Mister Car Wash
∘ Publicly traded company (NASDAQ: MCW)
Headquartered in Tucson, Arizona, Mister Car Wash, Inc. (NYSE: MCW)
operates 522 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.
