About the Investment

• Long-Term Absolute Triple Net (NNN) Lease | The subject property is subject to an original 20-year Triple Net (NNN) lease that commenced in 2021. There are over 16 years remaining on the lease with zero landlord responsibilities, offering a long-term passive investment.
• Attractive Rental Increases | Beginning in 2028, the lease will be subject to 2% annual increases, providing a hedge against inflation for the investor.
• Strong, Growing Operator | BrightPoint Automotive is a growing operator with 27- unit and growing operator that specializes in auto body painting, auto body repair, and RV collision repair.
• Expanding Market of Aging Vehicles | With the average vehicle age now exceeding 12 years and more cars on the road than ever, the need for ongoing maintenance is rising. This long-term trend supports sustained growth for auto centers as aging fleets require regular upkeep and repair.
• Non-Discretionary, Essential Services with Growing Market Demand | Auto maintenance and repairs are essential for safety and functionality, resulting in consistent demand regardless of economic cycles. Additionally, consumers are increasingly opting for Do-It-for-Me (DIFM) services over DIY, allowing auto centers to capture a larger share of the vehicle care market.