Take 5 Car Wash
Memphis, Tennessee
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About the Investment:
✓ 20-Year Triple-Net (NNN) Lease with +/- 15.1 Years Remaining | No Landlord Responsibilities
✓ Income Tax Free Jurisdiction | TN is an Income Tax Free State
✓ High Performing Location | Inquire With Listing Agent
✓ Robust Affluent Demographic Profile | More Than 209,000 Residents Within a Five-Mile Radius | Household Income of Roughly $85,100 within a Three-Mile Radius
✓ Corporate Guaranty | Driven Brands Inc (4,600+ Locations)
✓ Potential Tax Benefits | Qualifies for 80% Bonus Depreciation & 15 Year Straight Line Method (please consult your CPA)
✓ Attractive Rental Increases | 1.75% Annual Rental Increases Through Initial Term and the Four (4), Five (5)-year Tenant Renewal Options