Tidal Wave Auto Spa
About the Investment:
✓ 20-Year Triple-Net (NNN) Lease: At closing the tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
✓ Corporate Guaranty: The lease will carry a corporate guaranty from New Potato Creek Holdings, the corporate entity for Tidal Wave Auto Spa.
✓ Attractive Rental Increases: The lease will feature 2.00% annual rental increases that will continue through the base term and into the five, five-year tenant renewal option periods.
✓ Potential Tax Benefits: Qualifies for 80% Bonus Depreciation (please consult your CPA).
5 Radcliffe Drive, Millington, Tennessee, 18507
20720 S Avalon Blvd, Millington, Tennessee, 90746
207 S 3rd St, Millington, Tennessee, 98057
2221 NW Mhyre Road, Millington, Tennessee, 98383