Mister Car Wash
Cumming, GA
Key Details
| Price: | $4,893,943 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $342,576 |
| Address: | 930 Peachtree Parkway, Cumming, Georgia 30041 |
| 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: | 1.66 Acres |
| Building Size: | 5,687 SF |
| Year Built: | 2016 |
NNN Pro is pleased to present the exclusive listing for a Mister Car
Wash located at 930 Peachtree Parkway, Cumming, GA 30041.
The site consists of roughly 5,687 rentable square feet of building
space on an estimated 1.66-acre parcel of land. This Mister Car
Wash is subject to a 20-year Triple Net (NNN) lease. The current
annual rent is $342,576 and has scheduled increases of 1.50%
Annually.
About the Investment
- Affluent Suburban Community Households within a 5-mile radius enjoy average annual incomes exceeding $164,000, fueling a robust consumer car wash market.
- Prime Residential Location The subject property borders a residential area with a population exceeding 152,000 within a 5-mile radius, indicating strong vehicle demand.
- Strong Academic Presence The subject is located right outside of Atlanta, neighboring universities such as Emory, Georgia Tech, Georgia State, and Clark Atlanta University.
Key Details
| Price: | $4,893,943 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $342,576 |
| Address: | 930 Peachtree Parkway, Cumming, Georgia 30041 |
| 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: | 1.66 Acres |
| Building Size: | 5,687 SF |
| Year Built: | 2016 |
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.