| Shiny Shell operates under a brand new absolute NNN lease with zero landlord responsibilities and the tenant responsible for all expenses |
| The lease includes 1.25% annual rental increases throughout the base term and through each option period |
| The site benefits from excellent visibility along Route 422, which sees 15,737 vehicles per day (VPD) |
| The lease features both a corporate guarantee backed by Shiny Car Wash Holdings, LLC, and a personal guarantee from the founders of Shiny Shell |
| Car wash properties qualify for accelerated depreciation and bonus depreciation which create unparalleled after-tax returns |
| The surrounding market boasts a population of over 48,000 residents within a 3-mile radius |
