Atlantic Capital Partners has been exclusively engaged to
solicit offers for the sale of the newly constructed Golden
Nozzle Car Wash, an entity owned by Nouria Brands, one of
the largest convenience store, fuel and car wash companies
in New England. Golden Nozzle signed a 20-year ground
lease on the 3.12 acre site situated along Main Street in
Leominster, MA. The lease is corporately guaranteed and
the absolute net ground lease provides a passive income
for an absentee owner.
Situated at 468 Main Street, Leominster, MA, this asset is wellpositioned
along Concord Turnpike (MA-2), which sees over
71,400 vehicles per day. Golden Nozzle has executed a 20-
year ground lease with rent starting at $140,000 and features
10% rent increases every 5 years along with Four (4). Five (5)
Year Options. This investment combines the benefits of no
landlord responsibilities, new construction which limits future
capital repairs, and the corporate backing from one of the
largest operators in New England.