Ascension Advisory has completed a $6.2 million build-to-suit sale leaseback transaction for Dirty Dog’s Car Wash, a leading car wash chain in the Southeastern United States. This Woodstock, GA project marks the fifth collaboration between Ascension Advisory and Dirty Dog’s Car Wash, highlighting a strong and ongoing partnership.

Dirty Dog’s Car Wash, committed to expanding its footprint while maintaining financial flexibility, chose Ascension Advisory to secure construction financing for its new custom-built facility. The primary goal was to secure 100 percent financing for the project, allowing Dirty Dog’s to continue its growth without the burden of significant upfront capital outlays.

The build-to-suit sale leaseback model offers significant benefits over traditional construction loans or mortgages. Unlike conventional financing options, a build-to-suit arrangement can generate higher proceeds for the operator, as it typically covers the entire project cost. Additionally, this approach provides enhanced flexibility for the tenant, without financial covenants or personal recourse.