Go Car Wash

Richmond, Virginia

The NNN Pro Group is pleased to present the exclusive listing for the Go Car Wash located at 6100 Nine Mile Rd, Richmond, VA 23223. The site will consist of roughly 4,200 rentable square feet of building space on estimated 0.66-acre parcel of land. The Go Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 12/01/2021. The initial annual rent is $135,603 and is scheduled to increase by 1.50% annually throughout the base term and continuing through 5, 5-Year Options.

About the Investment:

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 17 Years Remaining
✓ 1.50% Rental Increases Occurring Annually
✓ Five (5), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 45 Years
✓ This Property Qualifies for 15-Year Accelerated Depreciation as well as Bonus Depreciation