The NNN Pro Group is pleased to present the exclusive listing for the Mister Car Wash located at 403 South James Campbell Blvd, Columbia, TN 38401. The site will consist of roughly 2,713 rentable square feet of building space on estimated 1.56-acre parcel of land. The Mister Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 3/24/2015. The initial annual rent is $210,162 and is scheduled to increase by 1.50% annually throughout the base term and continuing through 4, 5-Year Options.
✓ 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 11 Years Remaining
✓ 1.50% Rental Increases Occurring Annually
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ This Property Qualifies for 15-Year Accelerated Depreciation as well as Bonus Depreciation
