4240 Washington Rd - Auto Repair FOR SALE


Evans, GA 30809
$1,187,000 USD
864-235-6855
4240 Washington Rd, Evans, GA for Sale
$1,187,000 USD
Auto Repair - FOR SALE
1/9
null | 5.9% Cap Rate

4240 Washington Rd
Evans, GA 30809


OVERVIEW

Zero Landlord Responsibilities: This asset is being sold as a sale-leaseback ground lease structure leaving the landlord with no maintenance, insurance, or tax obligations, offering a truly passive investment. Strong Lease Terms: The 15 year initial lease term with an additional 20 years in option periods, along with the scheduled 10% rent increases every five years, ensure long-term reliable income, cash flow stability, and a hedge against inflation over the hold period. Attractive Low Price Point: Offered at just under $1.2 million, this investment opportunity presents a well-located asset with stable cash flows and a proven, established tenant, at a relatively low price point. Nationally Recognized, Rapidly Growing Tenant: Take 5 Oil Change, ranked #27 on Entrepreneur’s 2025 Fastest-Growing Franchises list, operates over 1,100 locations across the U.S. and Canada. The brand continues to experience strong expansion, driven by increasing demand for quick and reliable automotive services. Experienced Franchisee: WSM Ventures, a 2024 Franchisee of the Year nominee and one of the Top 20 Take 5 Oil Change franchisees nationally, currently operates 14 Take 5’s throughout the Southeast and has 5+ years of Take 5 operating experience. Strong Demographics: With a 5 mile population density of ±132,700 people, and an average household income of $123,713, this property is ideally situated for excellent customer exposure through its proximity to a large and affluent customer base. Primary Retail Corridor: Located on Washington Rd (±36,000 VPD), Evans’ primary retail corridor, this property is ideally located within close proximity to strong retail presences, such as Publix, Walmart, Kroger, Lowe’s, Home Depot, Target, Chick-fil-A, and Starbucks.

FOR SALE DETAILS

PRICE

$1,187,000 USD

PRICE/SF

$797 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

C-2

APN/PARCEL ID

072A283

ASK ABOUT THIS PROPERTY

Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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