Trademark Car Wash

New 2021 Construction: In 2021 a new construction 125ft tunnel was built in place of a former self-service car wash.
Absolute NNN Lease: Triple Net lease structure with no landlord responsibilities providing passive income.
Long Lease Term: Just shy of 18 years left on the Absolute NNN lease with annual 2% rental increases to hedge inflation.
Strong Guarantee from Parent Company: The lease is currently guaranteed by SB PEP Holdco, LLC (Strickland Brothers) which has north of 100+ locations until the Trademark Car Wash entity reaches north of $10 million in trailing 12-month EBITDA.
Trademark Car Wash: Trademark Car Wash is a fast-growing express wash brand with over 30+ locations open and rapidly expanding.
Strong Traffic Counts: The car wash is positioned with excellent exposure to S Kingshighway which sees over ±17,850 vehicles per day.
Located in Strong Retail Corridor: Within half a mile there are notable retailers including Walmart, Tractor Supply, Walgreens, CVS, Aldi, Wendy’s, AutoZone, Sherwin Williams, Hobby Lobby and many more.
Growing Market: Cape Girardeau County, Missouri’s estimated 2024 population is 84,403 with a growth rate of 0.9% in the past year according to the most recent United States census data.
Qualifies For Bonus Depreciation: Car washes qualify for bonus depreciation which allows for additional tax benefits. *Please consult your CPA for further details

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