HIGHLIGHTS
- High-Performing Tidal Wave Auto Spa Location | This Tidal Wave Auto Spa location is recognized as a high-performing site
- Outstanding Long-Term Site History and Tenant Commitment | The property has served as a Tidal Wave Auto Spa location since 2005
- Strong Corporate Guarantee | The lease is backed by a corporate guarantee tied to a network of over 300+ locations across 30 states
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 1505 Roswell Road, Marietta, Georgia 30062. The site consists of roughly 3898 rentable square feet of building space on an estimated 2.03-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/31/2021. The current annual rent is $342,319 and has scheduled increases of 2.00% Annually.
FOR SALE DETAILS
PRICE
$5,477,104 USD
PRICE/SF
$1,405 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tidal Wave Auto Spa
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.03 AC
LAND SF
88,427 SF
ZONING
CRC
APN/PARCEL ID
16-1209-0-012-0
ASK ABOUT THIS PROPERTY
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332-345-4220
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332-345-4220
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