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768 Fish Creek Thoroughfare - ABS. NET 20-YR CAR WASH | BONUS DEPRECIATION 3,679 SF Specialty Building Offered at $5,708,850 at a 6% Cap Rate in Montgomery, TX 77316
INVESTMENT HIGHLIGHTS
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Strong Unit Economics and Consistent Membership Growth.
- 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation.
- The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
EXECUTIVE SUMMARY
Absolute Net 20-Year Car Wash | #1 in Texas and Top 15 Nationally | 100% Bonus Depreciation | 1.5% Annual increases
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 0136-00-00233 | Improvements Assessment | $2,136,720 |
| Land Assessment | $662,112 | Total Assessment | $2,798,832 |
PROPERTY TAXES
Parcel Number
0136-00-00233
Land Assessment
$662,112
Improvements Assessment
$2,136,720
Total Assessment
$2,798,832
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768 Fish Creek Thoroughfare - ABS. NET 20-YR CAR WASH | BONUS DEPRECIATION
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