Investment Overview

Marcus & Millichap is pleased to offer the exclusive listing of Eagles Landing Auto Spa in Stockbridge, Georgia. Eagles Landing Auto Spa is a full-service car wash and lube shop located directly off of North Henry Boulevard, enjoying a traffic count of a little under 20,000 vehicles per day. Surrounding the property are residential developments with single-family housing and big box retail and restaurants such as Dollar General, McDonald’s, CVS, and Chevron at the major intersections North and South of the car wash. To the West of Eagles Landing Auto Spa is Highway 75, a large interstate connecting the suburbs of southeastern Atlanta to the central metropolitan area. Many people in Stockbridge use Highway 75 and 675 to commute to work in Atlanta or other suburbs in the surrounding area. The car wash is the highest-rated full-service car wash in Stockbridge, with over three hundred reviews from happy customers.. Eagles Landing Auto Spa has served Stockbridge, Georgia, since 2003. Their mission statement since new ownership in 2010 is to provide customers with a clean and well-maintained car while giving customers the best service experience possible. Whether you need an exterior wash or a complete detail for that showroom finish, their hands-on approach is the most thorough. The lube center has professionally trained technicians that use state-of-the-art equipment to perform multiple maintenance services for your car. Though the building was established in 2003, the most recent owner has implemented several improvements, including a partnership with Valvoline in the lube center to provide top-notch products for customers and solar panels on the roof that cut power costs by 65-70 percent. In addition, the floors have recently been redone in the lobby, along with new landscaping in the front area. Regarding the tunnel, all hydraulics were replaced in October 2022. North Henry Blvd is a central north-south corridor that travels through the entire city of Stockbridge and continues north into other suburbs, such as Rex, Georgia, as Georgia Highway 42. Directly in front of the property, the city is expanding Henry Blvd from two lanes to four lanes shortly. Stockbridge has one of the largest populations in Henry County and is growing quickly. Since 2020, the city has increased by 19 percent, faster than 93 percent of other cities this size. All growth happened within the financial capability of the city as it is fiscally sound, with a $1.8 million surplus in 2022. Three significant projects are currently contributing to economic development: - $400 million mixed-use development - $100 million investment into downtown Stockbridge - $20 million amphitheater Furthermore, the city has just voted in the past election to annex other areas into Stockbridge to increase the city’s population by 6,600 people and fill in gaps within the existing city limits. The town will annex three areas into Stockbridge: the Red Oak Road Community, the area North of Eagles Landing Parkway and I-75, subdivisions off Speer Road and State Route 138, and communities north of the existing city limit.