804 Highway 400 S - Car Washes FOR SALE


Dawsonville, GA 30534
$3,637,000 USD
949-903-8099
804 Highway 400 S, Dawsonville, GA for Sale
$3,637,000 USD
Car Washes - FOR SALE
1/7
null | 6% Cap Rate

804 Highway 400 S
Dawsonville, GA 30534


HIGHLIGHTS

  • 17+ Years Remaining | Corporate Guaranteed Lease | Options To Extend | Annual Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Next to North Georgia Premium Outlets (514,981 SF) | Dawson Marketplace | Signalized Hard Corner Location
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The lease features a corporate guaranty • Over 24 years remaining with 4 (5-year) option periods to extend • The lease features 1.90% annual increases and throughout the option periods steadily growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$3,637,000 USD

PRICE/SF

$483 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whistle Express Car Wash | 24+yr Corp Abs NNN

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

C-2

APN/PARCEL ID

114-000-004-003

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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