Providing Triple Net Lease Car Wash Opportunities
Triple Net worth car washes offer a range of benefits, making them attractive investment opportunities. Firstly, they provide a strategic window for opportunistic buying, capitalizing on market conditions. Additionally, these businesses often benefit from annual or robust scheduled rent increases, contributing to a steady income stream. The allure extends to attractive tax benefits, making them eligible for bonus/accelerated depreciation. With a high profit margin of 40% or more and low labor costs, net worth car washes prove to be lucrative ventures. Moreover, their tenants tend to be sticky, holding significant entitlement value in terms of city zoning and making new entitlement difficult to obtain, rendering them recession-resistant.
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