| Long-term, passive investment - Tenant is operating under a 20-year, absolute NNN lease | 18+ years remaining on the base term |
| Corporately Guaranteed Lease - Tidal Wave Auto Spa is the 4th largest conveyor car wash company with 280+ locations across 28 states |
| Rent Increases - 2% annual rent increases throughout the initial term and options | Yields an 8.01% average return over the remaining lease term |
| 60% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord |