•	Mr. Clean Car Wash corporate guaranteed lease
•	Over 18.5 years remaining with 4 (5-year) option periods to extend
•	The lease features 1.25% annual rental increases throughout the initial term and option periods
•	The property qualifies for bonus depreciation (see pg. 8 for details)
•	The bonus depreciation of fueling/convenience store equipment allows investors to qualify for a 60% depreciation deduction under the 2024 code

Offering Memorandum

•	Located along N. Charles Richard Beall Blvd., a major commuter and retail thoroughfare that sees 34,500 vehicles passing by daily
•	The asset is located near the highly trafficked West Volusia Towne Center that serves over 1.8 million visitors per year (per Placer.ai)
•	The property benefits from has excellent visibility and access via significant street frontage and a large monument sign
•	The Mr. Clean Car Wash is strategically located as an outparcel to Walmart Neighborhood Market, providing a strong customer base from which to draw
•	The property is located in a dense retail corridor with national/tenant credits including Walmart Supercenter, The Home Depot, Lowe’s, Target, and Publix
•	Strong tenant synergy promotes crossover shopping to the subject property

DeBary, FL - Mr. Clean Car Wash

a28TP000000DhdRYAS - 1709682517003 -1

a28TP000000DhdRYAS - 1709682517350 -2

a28TP000000DhdRYAS - 1709682517598 -3

a28TP000000DhdRYAS - 1709682517905 -4

a28TP000000DhdRYAS - 1709682518124 -5

a28TP000000DhdRYAS - 1709682518514 -6

a28TP000000DhdRYAS - 1709682518918 -7

a28TP000000DhdRYAS - 1709682519521 -8

<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

Ivy Kwon

Senior Marketing Associate

Retail

Industrial

Net Lease Investments

National Multi-Tenant Advisory

1031 Exchange

Sale Leaseback

Debt & Equity

Franchise M&A

Advisory

Capital Markets

Land

Office

Multifamily

Hospitality

Special Purpose

For Sale Or Lease

Investment Sale

Properties

By Name

By Location

By Service

By Team

People

National Net Lease

SRS Industrial

Team

Locations

People & Locations

Search

Primary Navigation

Sold

DeBary, FL - Mr. Clean Car Wash

Description

Location

Contact

Patrick Nutt