INVESTMENT OFFERING

SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased Mister Car Wash located in Champlin, MN. This exceptional investment is secured by an absolute triple net (NNN) lease with 16.7 years remaining on an original 20-year term term along with 1.50% increases annually with four 6-year options.

Mister Car Wash now operates within a combined network of over 420 locations across the U.S. With over 2.3M members in 2025 representing 79% of total wash revenue, the company has a loyal customer base and is poised to grow further after being taken private in May 2026 by Leonard Green & Partners.

Strategically located in Champlin in the shadow of a Target and surrounded by other national tenants (McDonald’s, Arby’s, Jersey Mike’s), the property benefits from superior visibility, signage and access with traffic counts exceeding 20k-70k vehicles per day.

With its strong real estate fundamentals, triple-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risk opportunity.

• 16.7 Years Remaining on a 20-Year Absolute NNN Lease | Corporate Guaranteed Lease
  • Mister Car Wash has 16.7 years left on their original 20-Year lease with four (4) 6-year extension options
  • The lease is corporate signed from Mister Car Wash, a previously public company taken private in May 2026 by Leonard Green & Partners
  • The lease includes 1.50% annual rent increases, including during the option period

• Absolute NNN Lease Structure | Zero Landlord Responsibilities
  • Tenant pays for Taxes, Insurance, CAM, and maintains all aspects of the building including roof, structure, and parking lot
  • Zero Landlord Responsibilities
  • Ideal Management Free Asset for a Passive Investor

• Prime Location in the Shadow of a Target and Other National Retailers
  • Located on Highway 169 (Jefferson Highway, 19.6k VPD) and 3 miles from Highway 610 (74k VPD)
  • Located in the Shadow of a Target and Adjacent to Other Major Retailers (McDonald’s, Ace Hardware, Arby’s, Goodwill, Well Fargo, Jersey Mike’s, etc.)

• Strong Area Demographics | Expected High Growth Area
  • Strong Area Demographics: >153,000 Residents witin a 5-mile radius and projected population growth >3.5% over the next 5 years
  • Median Incomes within a 1-mile Radius exceed $90k and $99k within 5-miles