100% BONUS DEPRECIATION ELIGIBLE Under the One Big Beautiful Bill Act signed in July 2025, 100% bonus depreciation was permanently restored for qualified property acquired and placed in service after January 19, 2025. Car washes are one of the most depreciation efficient asset types in net lease because a significant portion of the purchase price is typically allocated to wash equipment, site improvements, and other 5, 7, and 15 year property through a cost segregation study. For qualifying buyers, that allocation may be deducted in the first year of ownership, creating a substantial deduction that can offset taxable income. Combined with the absolute NNN lease and long remaining term, this asset offers a rare blend of passive income and meaningful tax efficiency. Investors should consult their own tax advisor regarding their specific situation. PROPERTY OVERVIEW Colliers is proud to present Raceway Car Wash in Carrollton, Texas, an established first ring suburb in the heart of the Dallas Fort Worth Metroplex. This absolute NNN lease offers zero landlord responsibilities, approximately 18.3 years of remaining term backed by Raceway Car Wash and guaranteed by Clear Sky Capital Real Estate Solutions XIV, LP, as well as 1.5% annual rent increases that provide built in income growth. The property is strategically located along the Josey Lane corridor between Belt Line Road and the President George Bush Turnpike, within a dense, high income trade area in one of the fastest growing metropolitan regions in the United States. INVESTMENT OVERVIEW This offering is built for the investor who wants true passive income with long term durability. The absolute NNN structure places taxes, insurance, and all maintenance and repair obligations, including roof, structure, and parking lot, on the tenant. There are no landlord responsibilities, making this an ideal fit for 1031 exchange buyers, out of state investors, family offices, and private capital looking to add a hands off asset to a net lease portfolio. With approximately 18.3 years remaining on the primary term, the lease delivers nearly two decades of contractual cash flow. The 1.5% annual rent escalations compound every year of the term, providing a steady hedge against inflation and consistent growth in net operating income without any landlord involvement. CAR WASH SECTOR STRENGTH The car wash industry continues to be one of the most resilient segments of single tenant retail. Car washes are service based, internet resistant, and supported by recurring consumer demand, with monthly membership programs creating predictable, subscription style revenue for operators. Institutional capital has flowed heavily into the sector over the past several years, and well located sites in strong Sun Belt markets continue to draw deep investor demand. LOCATION AND TRADE AREA Carrollton sits at the crossroads of Dallas, Denton, and Collin Counties in the northern Dallas suburbs, offering direct access to the region's major employment centers, including Addison, Farmers Branch, Plano, and the Dallas Central Business District. The property benefits from its position on the Josey Lane corridor, a primary north and south commercial artery serving established residential neighborhoods and a concentration of national and regional retailers, restaurants, and service users. Proximity to the President George Bush Turnpike and Belt Line Road provides excellent regional connectivity and consistent daily traffic. The surrounding trade area is densely populated with strong household incomes and high rates of vehicle ownership, key drivers of repeat car wash traffic and membership growth. The Dallas Fort Worth Metroplex is one of the largest and fastest growing metropolitan areas in the country, consistently leading the nation in population growth, job creation, and corporate relocations. Texas has no state income tax, further enhancing the after tax return profile for investors. INVESTMENT HIGHLIGHTS 100% bonus depreciation eligible, subject to cost segregation and buyer tax profile Absolute NNN lease with zero landlord responsibilities Approximately 18.3 years of remaining lease term Guaranteed by Clear Sky Capital Real Estate Solutions XIV, LP 1.5% annual rent increases for built in income growth Car wash sector is internet resistant with recurring membership revenue Josey Lane corridor between Belt Line Road and the President George Bush Turnpike Dense, high income first ring suburb of Dallas Dallas Fort Worth Metroplex, one of the fastest growing regions in the United States Texas has no state income tax Ideal 1031 exchange property for passive investors Contact the Colliers listing team for the Offering Memorandum