Sgt. Clean's Car Wash, Strongsville

Lorient acquired Sgt. Clean's Car Wash at 18534 Pearl Road in Strongsville, Ohio, as a core net-lease investment designed to deliver durable cash flow, tax efficiency, and long-term capital preservation.

The property is leased under a brand-new 20-year net lease with no landlord responsibilities, backed by a corporate guaranty and 2.0% annual rent escalations that carry base rent from $429,500 to more than $625,000 by the final year of the initial term. Four five-year renewal options extend the potential term to forty years.

Sgt. Clean's is a veteran-owned, growth-oriented operator with nearly 20 locations open or under development across Northeast Ohio and national recognition including Inc. 5000 and Vet100 Fastest Growing Veteran Company distinctions. The format is a high-throughput express tunnel wash with membership-based recurring revenue.

The asset sits within a dense retail corridor near Interstate 71, with traffic counts exceeding 63,000 vehicles per day and proximity to SouthPark Mall and Strongsville High School. Average household incomes exceed $117,000 within a one-mile radius.

The investment qualifies for accelerated and bonus depreciation, enhancing after-tax returns and making it particularly attractive for tax-efficient capital deployment.