Tenancy: Mach-1 Express
Building Size: 6,400 SF
Lease Expiration: 20 Years from COE
Rental Increases: Annual Increases @ 1.5%
- Single Tenant Mister Car Wash Sale-Leaseback
- Corporate (Mach One, Inc.) and personally guaranteed lease
- Absolute NNN Lease, zero landlord responsibilities
- 20-year initial lease term with four 5-year options
- 50% annual increases to hedge against inflation
- Brand New, 2023 Construction, Mach-1’s latest prototype design
- Pad to a Walmart Supercenter Anchored Shopping Center
- Nearby Tenants Include Chick-Fil-A, Anytime Fitness, & Wendy’s among other nationally recognized retailers
- 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
- Service Based, internet Resistant and Recession Proof Investment
- Direct Ingress & Egress Access
- Located in Rockmart’s Major Retail Artery, bringing daily needs traffic
- Bonus Depreciation: Property qualifies for 80% bonus depreciation on carwash improvements
- Immediate Access to GA-278, a major Highway into downtown Atlanta
- 1-hour drive to Atlanta International Airport:
- World’s #1 busiest airport with 93.6 Million passengers in 2022
- Primary hub for Delta Airlines with 1,000 daily flights to 225 global destinations
- 5 runways, 2 terminals, and 7 concourses