2105 Glynn Ave - Service Station FOR SALE


Brunswick, GA 31520- Downtown Brunswick
$3,086,600 USD
612-432-9935
2105 Glynn Ave, Brunswick, GA for Sale
$3,086,600 USD
Service Station - FOR SALE
1/5
null | 6% Cap Rate

2105 Glynn Ave
Brunswick, GA 31520
Downtown Brunswick


HIGHLIGHTS

  • Absolute NNN lease with 17 years remaining, featuring 1.5% annual rent increases for stable, predictable income growth.
  • This property ranks in the 94th percentile nationwide for lowest rent among comparable Absolute NNN (non ground lease) on market car wash assets.
  • The site has exposure to a combined traffic count exceeding 65,000 VPD.
  • Operated by Mammoth Holdings, a leading car wash operator, ensuring operational expertise and brand reliability with over 150 locations.
  • Extremely Strong Site-Level Performance and Rent to EBITDA Coverage Ratio: Contact agent for additional information.
  • Strategically located on Glynn Avenue just across from the only access bridge to and from St. Simons Island

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the Mammoth Holdings-backed Swifty Car Wash located at 2105 Glynn Avenue, Brunswick, GA. The asset features an Absolute Triple Net (NNN) Lease with 17 years on the current term and 1.5% annual rent increases. The corporate guarantee on the lease is from one of the country's largest car wash operators, Mammoth Holdings, providing for a secure investment opportunity. The property qualifies for 15-year accelerated depreciation as well as bonus depreciation. In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

FOR SALE DETAILS

PRICE

$3,086,600 USD

PRICE/SF

$804 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Swifty Car Wash - Brunswick, GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

HC

APN/PARCEL ID

01-03262

ASK ABOUT THIS PROPERTY

Evan BeesonSands Investment GroupMore Info
612-432-9935

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Evan BeesonSands Investment GroupMore Info
612-432-9935

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