129 Benjamin H Hill Dr SW - Car Washes FOR SALE


Fitzgerald, GA 31750
$5,496,183 USD
332-345-4222
129 Benjamin H Hill Dr SW, Fitzgerald, GA for Sale
$5,496,183 USD
Car Washes - FOR SALE
1/2
null | 6.55% Cap Rate

129 Benjamin H Hill Dr SW
Fitzgerald, GA 31750


HIGHLIGHTS

  • Long-Term NNN Lease | The site is subject to a 20 year-lease with roughly 18.3 years remaining.
  • Attractive Annual Rent Increases and Options
  • Strong Corporate Guarantee | The lease is subject to a corporate guarantee by Potato Creek Holdings.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 129 Benjamin H Hill Dr E, Fitzgerald, GA. The site consists of roughly 3,500 rentable square feet of building space on an estimated 1.5-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/28/2022. The current annual rent is $360,000 and has scheduled increases of 2.00% annually starting in year 7.

FOR SALE DETAILS

PRICE

$5,496,183 USD

PRICE/SF

$1,718 USD /SF

CAP RATE

6.55%

% 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

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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