Splash Car Wash | Single Tenant Absolute NNN Lease

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to purchase an absolute NNN leased Splash Car Wash in Bryant, AR. Splash, which has operated car washes since 1983, is a rapidly expanding operator with over 40 locations in operation or under development across Arkansas. With a 20-year primary term, two 5-year option periods, 1.5% annual rent increases, a personal and corporate guarantee, and zero landlord responsibilities, this asset is ideal for a 1031 Exchange or a coupon clipper desiring years of inflation resistant cash flows and accelerated bonus depreciation.

Located on N Reynolds Road (Hwy 183) the subject property boasts over 25,300 VPD and is within a half mile from Interstate 30/Hwy 67 (119,000 VPD). Little Rock, which has an MSA population exceeding 750,000, is less than 20 minutes from the subject property and has experienced significant growth over the past decade. Strategically positioned in Bryant’s premier retail corridor, nearby retailers include Lowe’s Home Improvement, Walmart Supercenter, Ashley HomeStore, Aspen Dental, McDonald’s, Chick-fil-A, Wendy’s, Taco Bell, and much more.

This is an excellent opportunity to acquire an absolute NNN leased car wash with a long-term lease, option periods, annual rent increases, a corporate and personal guarantee, and no landlord responsibilities providing years of worry-free income.

Available