18 Commerce Pky - Car Washes FOR SALE


Adairsville, GA 30103
$4,676,000 USD
415-690-5522
18 Commerce Pky, Adairsville, GA for Sale
$4,676,000 USD
Car Washes - FOR SALE
1/6
null | 7% Cap Rate

18 Commerce Pky
Adairsville, GA 30103


HIGHLIGHTS

  • New 20 Year Absolute NNN Lease with 10% Rental Increases Every 5 Years
  • Zero Landlord Management with Strong Guarantees
  • Near Several Major Employers including Shaw Industries, Mohawk Industries, Duluth Trading Company and many others
  • Prominent location near the junction of U.S. Route 41 and Interstate 75 with over 95,000 combined vehicles per day
  • Growing area with population and average household income projected to grow within 5, 10 and 15 mile radii
  • New High Quality 2023 Construction with Dual-Lane Drive Thru

OVERVIEW

Exceptional Visibility and Access: This Mr. Clean Car Wash is located along State Route 140 (18,300 AADT) and Commerce Parkway Excellent Location: Situated between two major Georgia thoroughfares: Interstate 75 (84,500 AADT) and U.S. Route 41 (11,600 AADT) Beneficial Proximity to Large Industrial Employers: The site is less than 1 mile from industrial employers such as Shaw Industries, (3,200 employees), Mohawk Industries (3,200 employees), and Duluth Trading Company (300+ employees), exposing this car wash service to a large customer base Set in Northwest Georgia: Northwest Georgia (known as the Carpet Capital of the World) contains many traffic generators as it is home to many industrial facilities and distribution centers, providing an opportunity for fleet cleaning Growing Demographics: The anticipated population and income growth within a five-mile radius over the next five years presents a favorable backdrop the concurrent growth of Mr. Clean Car Wash and Adairsville New 2023 Construction: This brand new Mr. Clean Car Wash is built to the latest prototype and features 10 total parking spaces and 7 interior cleaning lanes with self-service vacuums, providing additional customer convenience

FOR SALE DETAILS

PRICE

$4,676,000 USD

PRICE/SF

$1,420 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mr. Clean Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,937 SF

ZONING

IN

APN/PARCEL ID

A009-0170-015

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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