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MACH-1 EXPRESS WASH 1837 Lee Avenue Ave

6,400 SF 100% Leased Retail Building Cullman, AL 35055 £4,425,184 (£691/SF)

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Investment Highlights

The subject property qualifies for Bonus Depreciation (please discuss with your accountant for more information).
Absolute NNN Lease with zero Landlord Responsibilities.
Less than 1 mile from a Walmart Distribution Center.

2024 Built-to-Suit construction for Mach 1 Car Wash.
20-year lease with attractive 1.50% annual rent increases for the entirety of the lease (includes option periods).
Corporately guaranteed lease from Mach One, Inc., the lease is also accompanied by a single entity guaranty as well as a person guaranty.

Executive Summary

Kyle Matthews
License No. 000110253-0 (AL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type

Investment

Property Type

Retail

Building Size

6,400 SF

Year Built

2024

Price

£4,425,184

Price Per SF

£691

Percent Leased

100%

Number of Floors

Opportunity Zone

Yes

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