Available For Sale - Retail

0 SF

Retail Space in Sherwood for sale

LISTED BY

Mason Lewis
Colliers International, 501-372-6161

AVAILABILITY DETAILS

Size
0 SF
Price/SF
N/A - Contact for Info
Listing ID
SA545842
Notes
We are pleased to present an opportunity to purchase an absolute net leased express car wash investment occupied by Splash. A brand new 20-year lease will commence upon store opening and is accompanied with 2, 5-year options with 1.5% annual rental escalations throughout. Splash Car Wash is a quickly growing operator that currently has 18+ locations in Arkansas with more to come and performs over 750,000 washes annually with a paying membership base in excess of 17,000. Furthermore, Splash employs over 220 people and has served Arkansas since 1983. The lease provides a full term personal and corporate guaranty from a guarantor with $25+ million in net worth.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Mason Lewis, Colliers International