Top Performing Location Companywide: 

• The subject property is Swiftwater’s number one performing location companywide.

COVID-19 Resistant:

• The seller/tenant remained open for business in 2020 during the COVID-19 pandemic and this location continues to perform well.
• The self-serve car was industry is positioned well post-COVID as we have seen a transition from high touch full service car washes to zero touch self-serve.

Long Term, Corporate (Parent Company) NNN Lease: 

• Swiftwater Holdings, Inc. will sign a brand new 15-year absolute NNN lease at the close of escrow.
• Zero landlord obligations creating a passive, management-free investment.

Internet Resistant Industry: 

• The landscape of retail tenants offering goods and services is changing on a daily basis. The car wash industry is well positioned to avoid pressure from ecommerce gaining traction on market share. 
• As the number of cars on the road continues to increase, we can expect even more demand for car washes.

Industry Wide Growth – Primarily Small Business Owners: 

• There has been notable growth over the last 5 years in the car wash industry averaging yearly growth of over 3% with total revenues expected to exceed $12B in 2019.
• This is an industry that isn’t dominated by a few big chains, in fact, 90% of car washes are owned by small business owners leaving plenty of room in a growing industry

Highly Trafficked Location Near Major Highway

• The subject property benefits from its located along off Bandar Road, a major thoroughfare with 20,990 cars per day.
• Less than 1 mile from Interstate 410, which has nearly 200,000 cars per day.

Major Retail Corridor – Numerous National Anchors

• This location is just south of the HEB and Office Depot anchored shopping center, the major grocer and trade area generator for the immediate area.

Densely Populated Trade Area

• Extremely high density in the immediate area with 391,734 people and 147,268 households in the 5-mile radius.
• Ideal demographics with average household incomes of $56,623 in the 5-mile radius of the subject property.

Well Located In North San Antonio

• Wonderland of the Americas, 2.3 miles northeast of the subject property, is the major shopping center with medical and business services, and entertainment.
• Located across Interstate 410 from the major medical district of San Antonio including University Hospital, CHRISTUS Hospital, and Methodist Hospital. All major employers and draws to the trade area.
• Just 10 miles from downtown San Antonio

Recent Remodel: 

• The subject property was recently remodeled in 2020 which has further increased sales