Carwash For Sale • 3,206 SF
Long-term, passive investment | Tenant is operating under a 20-year, absolute NNN lease | 18+ years remaining on the base term |
Corporately guaranteed lease | Tidal Wave Auto Spa is the 4th largest conveyor car wash company with 280+ locations across 28 states |
2% annual rent increases throughout the initial term and options | Yields an 8.63% average return over the remaining lease term |
Dense and affluent area | 87,600+ residents with an average HH income exceeding $112,500 within a 10-minute drive |
Newer (late 2022) construction asset |
Excellent access and visibility from Powder Springs Road which sees nearly 30,000 VPD |
Airport | Drive | Walk | Distance |
---|---|---|---|
Hartsfield - Jackson Atlanta International | 45 min | - | 28.8 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 38 |
Type: | Surface |
Included in Rent: | Yes |