- 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
