500 Morrison Moore Pky E - Car Washes FOR SALE


Dahlonega, GA 30533
$5,481,481 USD
914-403-7574
500 Morrison Moore Pky E, Dahlonega, GA for Sale
$5,481,481 USD
Car Washes - FOR SALE
1/3
null | 6.75% Cap Rate

500 Morrison Moore Pky E
Dahlonega, GA 30533


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Strong Population Growth Through 2029
  • Qualifies for 100% Bonus Depreciation
  • Dense Retail Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 500 Morrison Moore Pkwy E, Dahlonega, GA 30533. The site consists of roughly 3,421 rentable square feet of building space on an estimated 3.23-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/29/2023. The annual rent will be $370,000 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$5,481,481 USD

PRICE/SF

$1,523 USD /SF

CAP RATE

6.75%

% 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

-

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.23 AC

LAND SF

140,699 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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