Tagg-N-Go Car Wash | Roy, UT
Sands Investment Group is Pleased to Exclusively Offer For Sale the Corporate Guaranteed, Absolute Triple Net (NNN) Tagg-N-Go Car Wash Located at 5263 South 1900 West in Roy, UT. The Brand New 15-Year Lease Features 3 x 5-Year Options to Extend With 10% Rental Increases Every 5 Years Throughout the Initial Term and Fair Market Value at the Beginning of Each Option Period. This Offering Presents the Opportunity to Acquire a Fully Integrated Car Wash With Zero Landlord Responsibility and a Growing NOI, Providing For a Hedge Against Inflation and Making it an Ideal Management Free Investment Opportunity For a Passive Investor.
- Long-Term Corporate Guaranteed Lease: Tagg-N-Go Car Wash Signed a Brand New 15-Year Lease With 3 x 5 Year Options to Extend
- Founded in 2013, Tagg-N-Go Currently Operates 15 Locations in Utah, Idaho, and Nevada With Plans to Open 10 More Sites By the End of 2024
- Just 1-Mile From Hill Air Force Base, the Largest Single Site Employer in Utah, With More Than 22,000 Military and Civilian Employees
- Surrounded By a Strong Mix of Local and National Retailers Including: Target, Walmart Supercenter, Sam’s Club, Sportman’s Warehouse, At Home, HomeGoods, Five Below, Best Buy, Home Depot, and Floor & Decor
- High Traffic Location: S 1900 W/SR-126 Sees Over 42,000 VPD
- The Site is Located Just 33-Miles From Salt Lake City International Airport and 30 Minutes From Downtown Salt Lake City
- Strong Demographics: There is a Population of 92,091 Residents Within 3-Miles of the Site
- The Car Wash is Equipped With a 150 FT Tunnel With Coleman & MotorCity Equipment, Three (3) Washify Pay Stations, and 16 Self-Serve Vacuums
- Bonus Depreciation: Property Qualifies For 80% Bonus Depreciation on Car Wash Improvements (Consult a CPA)
In Cooperation With Sands Investment Group Utah, LLC – Lic. #11325487-CN00 BoR: Tyler Ellinger – Lic. UT #8219031-SA00
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities