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Building Size: 2,446 SF
Renewal Options: Four 5-Year
Lease Expiration: 11/09/2042
Rental Increases: 1.5% Annually

New Single-Tenant Mach-1 Express Car Wash:

     ∘ Corporate (Mach One, Inc.) and personally guaranteed lease

     ∘ Absolute NNN with zero landlord responsibilities

     ∘ 20-year initial lease term with four 5-year options

     ∘ 1.5% annual increases to hedge against inflation

Brand New Construction, Expected Opening November 2022

Highly Experienced Operator: Owner has over 15+ years of car wash

experience and has developed, constructed, owned, and operated over 30

car wash sites across numerous states

Bonus Depreciation: Property qualifies for 100% bonus depreciation on car

wash improvements (contact your accountant for details)

Service Based, Internet Resistant and Recession Proof Investment

Birmingham-Hoover, Alabama MSA Location (1.1 Million Residents)

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Listing Details


Address: 420, Fieldstown Road, Gardendale, Alabama, 35071

Price: $5,040,000

Cap Rate: 6.25%

Tenancy: Single Tenant

Status: Available