Tenancy: Tommy's Express Car Wash
Building Size: 5,247
Renewal Options: Four, 5-Year Options
Lease Expiration: 02/13/2045
Rental Increases: Annual
• Single-Tenant Tommy’s Express Car Wash:
∘ Institutionally backed, rapidly growing franchisee
∘ Absolute NNN Lease, zero landlord responsibilities
∘ 19+ year Lease term with four, 5-year options
∘ 2.00% annual increases for the first four years
• About Tommy’s Express:
∘ 260 locations with 60+ coming soon
∘ #7 largest express car wash platform in the nation
∘ 50+ years in the car wash business
∘ #1 car wash on Franchise 500’s List
• Single-Tenant Tommy’s Express Car Wash:
∘ Private equity backed, rapidly growing franchisee
∘ Absolute NNN Lease, zero landlord responsibilities
∘ 20-year lease term with four, 5-year options
∘ 2.00% annual increases for the first four years
• About Tommy’s Express:
∘ 260 locations with 60+ coming soon
∘ #7 largest express car wash platform in the Nation
∘ 50+ years in the car washbusiness
∘ #1 car wash on Franchise 500’s List
• Franchisee expanding rapidly in Houston & Salt-Lake City
• Bonus Depreciation: Property qualifies for 100% bonus depreciation on carwash
improvements (contact for more info)
∘ “Big Beautiful Bill” includes the reset of bonus depreciation to 100% for 2025 and beyond
