Mach-1 Express – Madison, AL

Tenancy: Mach-1 Express
Building Size: 2,446 SF
Renewal Options: Four, 5-Year Options @ 1.5%
Lease Expiration: 20 Years from COE
Rental Increases: Annual Increases @ 1.5%
  • 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

    • Pad to Large Publix Grocery Anchored Shopping Center

    • Brand New Construction, Expected Opening May 2023

    • 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 80% bonus depreciation on car

    wash improvements (more info)

    • No Direct Competition within a 3-Mile Radius

    • Service Based, Internet Resistant and Recession Proof Investment

    • Excellent Demographics:

    ∘ Average household income of $122,000+ within a 3-mile radius

    ∘ Population of 93,000+ within a 5-mile radius

    • Signalized, Hard Corner Location

    • Strong Retail Synergy: Located within the major daily needs corridor of the

    trade area

    • Strategically Position by I-65: The main highway connecting Madison to

    Huntville

    • Huntsville MSA Location: 2nd largest MSA in Alabama

    • Close Proximity to Town Madison: 563-acre mixed-use development

    ∘ 2,000 townhomes and upscale apartments

    ∘ 2 luxury hotels with 300+ rooms

    ∘ Minor league baseball stadium complex with a capacity of 7,000