142 Main St - ABS. NET 20 YR CAR WASH | BONUS DEPRECIATION
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142 Main St - ABS. NET 20 YR CAR WASH | BONUS DEPRECIATION
5,968 SF Specialty Building Offered at $7,574,793 CAD at a 7% Cap Rate in Farmington, AR 72730
Investment Highlights
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.
- Minutes from the University of Arkansas - the Largest University in the State with 27k+ Students Enrolled.
- Brand New 2025 High Quality Construction. Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas w/ over 40k Members and performs 750k+ Washes Annually.
- Immediate Area Experiencing Major Growth: The City of Farmington, part of Fayetteville, has been Ranked Among the Nation’s Fastest-Growing Places.
Executive Summary
20 Year Absolute Net Lease Car Wash w/ favorable 1.5% Annual Increases | Brand New 2025 Construction | Qualifies for Accelerated Depreciation | Largest and Rapidly Growing Car Wash Operator in the State of Arkansas
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 Steve.Greer@MarcusMillichap.com
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 Steve.Greer@MarcusMillichap.com
Property Facts
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 CAD | |
Land Assessment | $86,371 CAD | Total Assessment | $86,371 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$86,371 CAD
Improvements Assessment
$0 CAD
Total Assessment
$86,371 CAD
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142 Main St - ABS. NET 20 YR CAR WASH | BONUS DEPRECIATION
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