Take 5 Car Wash
Macon, Georgia
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The NNN Pro Group is pleased to present the exclusive listing for an ICWG Car Wash in Macon, GA. The tenant signed a brand new, 20-year triple-net (NNN) lease with absolutely no landlord responsibilities in December 2020. The current annual rent is $136,998 and is subject to 1.85% annual rental escalations starting Year 7 throughout the remainder of the base term as well as the four, five-year tenant renewal option periods. The lease features a corporate guarantee from Driven Brands Inc,
About the Investment:
✓ Corporate Guarantee: The Lease is Subject to a Corporate Guarantee Driven Brands Inc | 1,100+ Locations Backing the Lease
✓ True Triple Net (NNN) Lease: No Landlord Responsibilities
✓ Bonus Depreciation & Accelerated Depreciation: This Property Qualifies for Both 80% Bonus Depreciation in Year One & 15 Year Accelerated Depreciation