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  • For sale
Splash Car Wash - Absolute NNN Lease - #1
Splash Car Wash - Absolute NNN Lease - #2
Splash Car Wash - Absolute NNN Lease - #3
Splash Car Wash - Absolute NNN Lease - #4

For Sale

$5,403,148 USD

We are pleased to present an opportunity to purchase an absolute net leased express car wash investment occupied by Splash. A brand new 20-year lease will commence upon store opening and is accompanied with 2, 5-year options with 1.5% annual rental escalations throughout. Splash Car Wash is a quickly growing operator that currently has 16+ locations in Arkansas with more to come and performs over 750,000 washes annually with a paying membership base in excess of 17,000. Furthermore, Splash employs over 220 people and has served Arkansas since 1983. The lease provides a full term personal and corporate guaranty from a guarantor with $25+ million in net worth.