INVESTMENT HIGHLIGHTS
• Qualifies for bonus depreciation
• Dallas Metro (income tax free state)
• Annual rent increases at the greater of 2% or CPI up to 6%, a hedge against inflation
• Absolute NNN lease (zero landlord responsibilities)
• Long term 18 year lease
• Recession resistant business
TENANT HIGHLIGHTS
• Strong Corporate Guarantor: FullSpeed Automotive oversees ±900 owned and franchised units, generating $300 million in revenue
• FullSpeed Automotive is a subsidiary of MidOcean Partners, a private equity group that operates and invests in consumer and business services
• MidOcean Partners has $7 Billion of assets under management (www.midoceanpartners.com)
LOCATION HIGHLIGHTS
• Less than 1 mile from Watters Creek Village, a 52-acre mixed use development providing a variety of retail, office and residential options
• Extremely affluent submarket with average household incomes over $153,000 in a 5 mile radius
• Prominent location along Greenville Avenue, a significant Allen thoroughfare with high visibility (±18,945 VPD)
• Complete auto care location