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Car Wash

Caliber Car Wash

100 Huddleston Rd, Peachtree City, GA 30269

Listing Price: $5,416,667

Cap Rate
6.00%
Tenant Name
Caliber Car Wash
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
3,648
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$89.09

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Caliber Wash located at 100 Huddleston Rd, Peachtree City, GA. The site will consist of roughly 3,648 rentable square feet of building space and sits on an estimated 1.29-acre lot. The car wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence upon close of escrow. The initial annual rent will be $325,000 and is scheduled to increase by one-and-one-quarter percent (1.25%) annually throughout the base term and in each of the four (4), five (5)-year renewal options.

Investment Highlights

  • 20-Year Triple-Net (NNN) Sale-Leaseback: At closing the Tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
  • Corporate Guarantee: The lease will be subject to a Corporate Guarantee from Clydesdale Holdings, LLC.
  • Attractive Rental Increases: The lease will feature one and one quarter (1.25%) rental increases annually

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Listing Price: $5,416,667

Cap Rate
6.00%
Tenant Name
Caliber Car Wash
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
3,648
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$89.09

Investment Highlights

  • 20-Year Triple-Net (NNN) Sale-Leaseback: At closing the Tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
  • Corporate Guarantee: The lease will be subject to a Corporate Guarantee from Clydesdale Holdings, LLC.
  • Attractive Rental Increases: The lease will feature one and one quarter (1.25%) rental increases annually

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Caliber Wash located at 100 Huddleston Rd, Peachtree City, GA. The site will consist of roughly 3,648 rentable square feet of building space and sits on an estimated 1.29-acre lot. The car wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence upon close of escrow. The initial annual rent will be $325,000 and is scheduled to increase by one-and-one-quarter percent (1.25%) annually throughout the base term and in each of the four (4), five (5)-year renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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