CASE STUDY

Take 5 car wash Dallas Texas real estate

TENANT: Take 5 Car Wash (Driven Brands, Inc.)

Take 5 Car Wash wholly owned by Driven Brands, Inc. and is headquartered in Charlotte, NC
400+ Take 5 Car Wash locations in North America
Lease Guarantor: Driven Brands, Inc. (NASDAQ: DRVN), which is rated S&P: BBB with annual revenue of $2.12B (2023)
Website: www.take5.com/car-wash

Desoto mixed used development beside Take 5 car wash

LOCATION: Dallas, TX

Parcel Acreage: +/-3.25 acres
Year Built: 2007
Car Wash Type: Automatic/ Tunnel
Tunnel Length: +/-135 feet

Car Wash tunnel express

LEASE METRICS

Lease type: NNN (Net Lease)
Years Remaining: +/-19 years of lease term
Annual rent escalations

3 acres of real estate property, bonus depreciation, car wash tax savings

SITE HIGHLIGHTS

15 minutes from Downtown Dallas
Average Household Income within 1-mile radius: $115,412
Population within 3-mile radius: 74,571
Major Surrounding Retailers: Walmart, CVS, Chase Bank, Dutch Bros Coffee, EoS Fitness
Capture Rate: +/-25% based on 2023 total wash volume