4840 Atlanta Hwy - Car Washes FOR SALE


Loganville, GA 30052
$5,707,437 USD
704-807-6452
4840 Atlanta Hwy, Loganville, GA for Sale
$5,707,437 USD
Car Washes - FOR SALE
1/2
null | 6.75% Cap Rate

4840 Atlanta Hwy
Loganville, GA 30052


HIGHLIGHTS

  • ± 15.3 YEARS REMAINING ON ABS. NNN LEASE | ANNUAL 1.25% ESCALATIONS | 2021 CONSTRUCTION | CORPORATE & PERSONAL GUARANTEE
  • ESTABLISHED & GROWING OPERATOR | HEADQUARTERED IN ATLANTA | GLOBALLY RECOGNIZED BRAND
  • STRONG DEMOGRAPHICS | 10% POPULATION GROWTH EXPECTED | $100K+ AHHI
  • STRONG RETAIL CORRIDOR | NEARBY KROGER & WALMART
  • EXCELLENT VISIBILITY ALONG ATHENS HWY | ± 46,100 VPD | 2 ACCESS POINTS
  • ATLANTA MSA | AFFLUENT & GROWING SUBURB

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase an express car wash leased to Mr. Clean Car Wash with 15.3 years remaining on an original 20-year Absolute NNN lease. This lease includes 1.25% annual rent escalations throughout the base term and four 5-year extension options. Fee simple car wash properties qualify for 100% Bonus Depreciation in 2026 (must consult a tax professional). In Association With Ryan Butler, Georgia GA Lic. #365122.

FOR SALE DETAILS

PRICE

$5,707,437 USD

PRICE/SF

$1,777 USD /SF

CAP RATE

6.75%

% 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

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

CH

APN/PARCEL ID

C0210-014

ASK ABOUT THIS PROPERTY

Jim CeresnakNorthmarqMore Info
704-807-6452

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Jim CeresnakNorthmarqMore Info
704-807-6452

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