Mister Car Wash
Athens, GA
Key Details
| Price: | $5,047,843 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $353,349 |
| Address: | 1035 Parkway Boulevard, Athens, Georgia 30606 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Lease Expiration: | 9/30/2039 |
|---|---|
| Lease Term Remaining: | 14.8 Years |
| Rental Increases: | 1.50% Annually |
| Lot Size: | 0.71 Acres |
| Building Size: | 3,855 SF |
| Year Built: | 2019 |
NNN Pro is pleased to present the exclusive listing for a Mister Car
Wash located at 1035 Parkway Blvd, Athens, GA 30606. The site
consists of roughly 3,855 rentable square feet of building space
on an estimated 0.71-acre parcel of land. This Mister Car Wash is
subject to a 20-year Triple Net (NNN) lease. The current annual
rent is $353,349 and has scheduled increases of 1.50% Annually.
About the Investment
- Long-Term Triple Net (NNN) Lease Over 15 years of term remaining on the initial 20-year lease with zero landlord responsibilities.
- Bonus Depreciation This property qualifies for 15-year accelerated depreciation as well as bonus depreciation. Discuss with a Certified Public Accountant for further details.
- Dense Retail Corridor Positioned within a dense retail corridor with many major national retailers including Walmart, Lowe's, Kohl's, Chick-Fil-A, Costco, Kroger, The Home Depot, Starbucks, and many more.
Key Details
| Price: | $5,047,843 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $353,349 |
| Address: | 1035 Parkway Boulevard, Athens, Georgia 30606 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Lease Expiration: | 9/30/2039 |
|---|---|
| Lease Term Remaining: | 14.8 Years |
| Rental Increases: | 1.50% Annually |
| Lot Size: | 0.71 Acres |
| Building Size: | 3,855 SF |
| Year Built: | 2019 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Alexandre Marietto
amarietto@nnnpro.com
License: NY: 10401294047
Kyle Karsian
kkarsian@nnnpro.com
License: NY: 10401321452
Andrew Darby
adarby@nnnpro.com
License: NY: 10401380956
Broker of Record
Brian Brockman
Bang Realty-Georgia, Inc
License: 378952
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.