Puremagic Car Wash

Award-Winning Car Wash: Built 1st Polish Tunnel in U.S. and winner of Knoxville’s Best Car Wash for 9 consecutive years.
Premier Location: Adjacent to Turkey Creek, a 410-acre mixed-use development in affluent Farragut/West Knoxville, benefiting from massive traffic flow.
Affluent Demographics: Farragut area is one of East TN’s most affluent, with Knox County among TN’s fastest growing counties.
Bonus Depreciation: Eligible for 100% bonus depreciation, allowing for accelerated depreciation and potential tax shelter.
Corporate Guarantee: Lease guaranteed by Mammoth Holdings, an industry leader with 150+ locations across 17 states.
Absolute NNN Lease: Zero landlord responsibilities with an absolute net lease structure.
Long Lease Term: Over fifteen years (±15.8 Yrs) remaining in the initial term, plus four 5-year renewal options.
Annual Rent Increases: 1.50% annual rent increases provide growing returns throughout the lease and option periods.
Proximity to University: Only 4 miles from University of Tennessee, the state’s largest university with 38,000+ students.
Modern Facility: ±4,030 SF building on ±1.40 acres with expensive modern design and build out.

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