Miscellaneous
Tidal Wave Auto Spa
365 US-441, Cornelia, GA 30531
Listing Price: $5,249,401
Cap Rate
5.50%
Tenant Name
Tidal Wave Auto Spa
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
4,589
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$62.92
Investment Overview
Marcus and Millichap is pleased to present the exclusive listing for the Tidal Wave Auto Spa located at 365 US-441 in Cornelia, GA.
Investment Highlights
- 20-Year Triple-Net (NNN) Lease: At closing the tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
- Corporate Guaranty: The lease will carry a corporate guaranty from Tidal Wave Auto Spa.
- Attractive Rental Increases: The lease will feature 2.00% annual rental increases that will continue through the base term and into the five, five-year tenant renewal option periods.
Exclusively Listed By
Broker of Record
Listing Price: $5,249,401
Cap Rate
5.50%
Tenant Name
Tidal Wave Auto Spa
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
4,589
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$62.92
Investment Highlights
- 20-Year Triple-Net (NNN) Lease: At closing the tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
- Corporate Guaranty: The lease will carry a corporate guaranty from Tidal Wave Auto Spa.
- Attractive Rental Increases: The lease will feature 2.00% annual rental increases that will continue through the base term and into the five, five-year tenant renewal option periods.
Investment Overview
Marcus and Millichap is pleased to present the exclusive listing for the Tidal Wave Auto Spa located at 365 US-441 in Cornelia, GA.
Exclusively Listed By
Broker of Record

