Splash Car Wash | Single Tenant Absolute NNN Lease

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to purchase an absolute NNN Splash Car Wash located in Bentonville, AR. Splash Car Wash is the largest and quickest growing car wash operator in the state of Arkansas and currently operates over 17 “Dream” locations with two dozen more in the development pipeline. Currently performing over 750,000 washes annually with a paying membership base of over 17,000 customers, Splash has a strong platform with a loyal customer base.

Lease fundamentals include 20 year primary terms, two 5-year options, and 1.5% annual rent increases with full term corporate and personal guaranties. The subject property is currently open and operational with the primary term commencing upon close of escrow. The inflation resistant absolute NNN lease is ideal for an investor seeking zero landlord responsibility while providing years of worry-free cash flows and an accelerated bonus depreciation.

This 5,968 SF state of the art express car wash on 1.08 acres is strategically positioned on South Walton Blvd (Hwy 71) which sees over 24,000 VPD. Nearby retailers include Walmart Supercenter, Walmart to Go, Walgreens, AutoZone, Raising Cane’s, Five Guys, Wendy’s, Culver’s, Whataburger and more. Bentonville has experienced strong growth over the past several decades and is expected to continue to expand. Several Fortune 500 Companies call Northwest Arkansas home including Tyson Foods, J.B. Hunt Transportation, and Walmart with its corporate headquarters less than a half mile away. Walmart’s new 350+ acre campus offers countless employee amenities including fitness centers, child care facilities, numerous dining options, and hiking & biking trails to “attract the next generation of talent” to Bentonville.

This is an excellent opportunity to purchase a brand-new absolute NNN leased express car wash location with zero landlord responsibilities, annual rent increases, with corporate and personal guaranties producing years of worry-free income.

Available