18 Commerce Pky - Car Washes FOR SALE


Adairsville, GA 30103
$5,041,000 USD
415-690-5522
18 Commerce Pky, Adairsville, GA for Sale
$5,041,000 USD
Car Washes - FOR SALE
1/7
null | 7.75% Cap Rate

18 Commerce Pky
Adairsville, GA 30103


HIGHLIGHTS

  • New 20-year absolute NNN lease with 10% rental increases every five (5) years.
  • Four (4) option periods of five (5) years each provides a solid long-term investment.
  • Absolute NNN lease requires no landlord management, ideal for an out-of-area or local investor.
  • Guaranteed by Carnett’s Management Company; American Car Wash Equipment and Supply Company; and Genesis Building Systems, LLC.
  • Outstanding infrastructure and support team with 30-plus years of trusted car care management experience, poised for substantial growth.

OVERVIEW

This Mr. Clean Car Wash is located along State Route 140 (18,300 AADT) and Commerce Parkway, positioned between two major Georgia thoroughfares: Interstate 75 (84,500 AADT) and U.S. Route 41 (11,600 AADT), offering excellent accessibility. The site benefits from its close proximity—less than one mile—to major industrial employers such as Shaw Industries and Mohawk Industries, each with approximately 3,200 employees, as well as Duluth Trading Company with over 300 employees. This provides the car wash with exposure to a large and consistent customer base. Located in Northwest Georgia, widely known as the Carpet Capital of the World, the area is home to numerous industrial facilities and distribution centers, generating significant traffic and offering strong potential for fleet cleaning services. Additionally, the surrounding five-mile radius is projected to experience steady population and income growth over the next five years, aligning well with the continued expansion of both Mr. Clean Car Wash and the Adairsville market. Newly constructed in 2023, this location was built to the latest prototype and features 10 total parking spaces along with 7 interior cleaning lanes equipped with self-service vacuums, enhancing overall customer convenience.

FOR SALE DETAILS

PRICE

$5,041,000 USD

PRICE/SF

$1,531 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mr. Clean Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,937 SF

ZONING

IN

APN/PARCEL ID

A009-0170-015

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.