Mister Car Wash – Duluth, GA

Tenancy: Mister Car Wash
Building Size: 3,117 SF
Renewal Options: Four 5-Year
Lease Expiration: 20 Years from COE
Rental Increases: Annual

• New Single-Tenant Mister Car Wash Sale-Leaseback:

∘ Corporately guaranteed lease by the largest car wash operator in the U.S.

∘ Absolute NNN lease with zero landlord responsibilities

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

∘ Annual increases during primary term and options

∘ High sales volume location

• About Mister Car Wash:

∘ 420 locations with numerous new sites set to open in 2023

∘ 60 new sites in the last year, a 16.7% increase

∘ $853 million in total revenue (TTM)

∘ 1.86 million Unlimited Wash Club members, an 18.9% year-over-year

increase

∘ Publicly traded company (NYSE: MCW)