PROPERTY HIGHLIGHTS • Corporate guarantee from El Car Wash | The largest and fastest-growing car wash brand in Florida with 43+ locations open and operating with another 40+ locations in some phase of development across Florida and Michigan | Speak with Agent(s) for details • Brand new, state-of-the-art construction with El Car Wash’s latest prototype and a 120-ft tunnel • New, 20-year initial lease term | ±$10.3MM+ in guaranteed income • Rare, 2% annual rent increases throughout the initial term and options | Avg CAP of 7.59% over the base lease term, assuming purchase at List Price • Conservative Year-3 EBITDAR projection of $1.75MM | Speak with Agent for details • Hard corner location with excellent access and visibility to Narcoossee Road which boasts 36,000+ VPD • Directly across the street from Lake Nova Landing (built in 2016) | 596,000 SF retail power center anchored by Walmart, Sam’s Club, and Lowe’s • Incredible population growth | Population has grown 70% since 2020 and is projected to grow an astonishing 9%+ annually within a 1-mile radius over the next 5 years • Surrounded by many new & planned developments along Narcoossee Road including: • Numerous residential, multi-family, and apartment developments totaling 2,260 dwelling units • A 25.6-acre planned development that would include a 377-unit apartment community • Retail tenants such as Raising Cane’s, LongHorn Steakhouse, Olive Garden, Miller’s Ale House, Crumbl, and more developments underway • Walking distance to: • Lake Nona High School | 3,929 students • Valencia College Lake Nona Campus | 6,000+ students • Shoppes at Nona Place | Bravo Supermarkets-anchored center • National retail tenants including ALDI, Chick-fil-A, Arby’s, Starbucks, Panda Express, Culver’s, Chili’s, PDQ Chicken, RaceTrac, AutoZone, Dunkin’, Firestone, among others • A Central Florida Greene Way on-ramp/off-ramp | 82,000 VPD • Hard corner location with excellent access and visibility to Narcoossee Road which boasts 36,000+ VPD • Very affluent area | The average household income exceeds $156,000 within a 3-mile radius • Investment is eligible for Bonus Depreciation | Speak with your accountant to confirm | See chart on page 6 of OM for more info • Asset is located in an income tax-free state EL CAR WASH HIGHLIGHTS • Best-in-Class Unit Economics and Industry Leading Performance | One of the highest AUVs, average EBITDARs, and average subscriptions in the industry | Speak with Agent for details • #1 Position in Highly Attractive South Florida Market • Considered a premium player in the rapidly growing express car wash space • Large Existing Membership Base Leading to Substantial Recurring Revenue and Strong Brand Loyalty • Irreplaceable Real Estate Portfolio Assembled Over the Last Decade • Largest and Highest Quality Pipeline of Locations in South Florida • Track Record of Growth Through Greenfield Development and M&A • Proven Management Team with Diverse Skillset • Acquired by Warburg Pincus, a private equity firm with $83B AUM, in July of 2022 • Official car wash of the Miami HEAT & Florida Panthers and is a partner of the Miami Zoo & Baptist Health Mister Car Wash, Take 5 Express, Caliber Car Wash, Tommy’s Express, Splash, Zips, Autobell, Quick Quack, True Blue, Driven Brands, Wash Depot, White Water, Superstar, Super Star, Mammoth, Bluewave, LUX, LUV