Mighty Shine Car Wash Sale-Leaseback Portfolio

The Ficke Team of Colliers Dallas is pleased to present the sale leaseback of four Mighty Shine Express Car Wash locations across Beckley, MacArthur, Lewisburg, and Ripley, West Virginia. All four assets will be delivered with brand new 20-year absolute NNN leases, and 10% rental increases every 5 years, along with (4) five-year renewal options. The leases are backed by a Corporate and personal guaranty from multiple Mighty Shine holding entities, providing investors with steady long-term cash flow and a fully passive ownership structure. Each site is either newly developed or fully redeveloped within the last 6 years and features strong real estate fundamentals including high visibility, signalized access, and traffic counts ranging from 14,000 to 24,000 vehicles per day. All properties demonstrate a steady increase in revenue year over year, reflecting healthy store performance and a growing customer base. Mighty Shine is a growing operator planning to continue developing and operating new facilities. The company has invested substantial capital expenditures into equipment upgrades, conveyor replacements, wash equipment, pay station conversions, and water system improvements across the portfolio, resulting in modern, efficient, high-throughput sites. Investors benefit from a below market price point per wash relative to other new construction express car wash offerings nationwide, along with the opportunity for bonus and accelerated depreciation (consult your tax advisor). This offering provides an attractive combination of a high-growth operator, durable cash flow, absolute NNN structure, and a compelling yield relative to comparable express wash portfolios trading today.