About the Investment

• Long-Term 20-Year NNN Lease | This Flagstop Car Wash is secured by a 20-year Triple Net (NNN) lease, offering investors a long-term, stable income stream. With zero landlord responsibilities, investors benefit from a truly passive investment with predictable cash flow.
• Strong Corporate Guarantee | The lease will be subject to a strong corporate guarantee from Flagstop Car Wash, which operates 23 units and counting. Flagstop is supported by institutional capital partner Garnett Station Partners which has over $3.5 billion of AUM. Garnett Station Partners has significant experience scaling multi-unit and auto service platforms.
• Essential and High-Demand Industry | The express car wash industry is experiencing significant growth, driven by increasing consumer demand for convenient, automated vehicle maintenance. With subscription-based membership models and high repeat customer rates, this sector provides stable and recurring revenue streams.
• Attractive Annual Rental Increases | The lease features 1.50% annual rental increases, providing a built-in hedge against inflation and ensuring consistent revenue growth over the full lease term.