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Car Wash

Take 5 Car Wash | International Car Wash Group

1601 GA-40, Kingsland, GA 31548

Listing Price: $3,106,133

Cap Rate
6.00%
Tenant Name
Take 5 Car Wash
Years Remaining On Lease
18.3
Gross SF
3,408
Guarantor
Corporate Guarantee
Rentable SF
3,408
Price/Gross SF
$911.42
Lease Type
Absolute Net
Rent Per Square Feet
$54.69

Investment Overview

Outparcel to Publix-Anchored Shopping Center | 18.+ Years Remaining on Absolute NNN Lease | Corporate Guarantee by the Largest Car Wash Chain in the World

15- Year Accelerated and 80 Percent Bonus Depreciation Available on This Asset – See Agents for Details

Located at Signalized Entrance to Camden Woods Development – 1 Million Square Feet of Retail and Office Space and 800 Residential Units Under Development | Newly Developed Grove Park Apartment Complex Located .5 Miles North of Property

Highly Desirable Location – Located in a Dense Retail Corridor Close to Major National Retailers Such as Walmart, Lowes, Publix, Harbor Freight Tools, Planet Fitness, Walgreens, CVS Pharmacy, Starbucks, Holiday Inn, Waffle House, Burger King and More

Complete Remodel and Rebrand to Latest Take 5 Car Wash Prototype by Tenant in 2021 | Shows Commitment to Site

Strategic Location Between South Georgia and Jacksonville Ports – Some of the Busiest Ports in the United States | Nearby Kings Bay Submarine Base - One of the Top Naval Bases in the United States - See Map on Next Page

Excellent Positioning on GA-40/East King Avenue (22,700 VPD) | Just Off I-95 (62,300 VPD – a Major Highway Into Jacksonville, Florida, Less than 40 Miles Away | Jacksonville Metro Grew 43% from 2000 - 2020

ICWG is the World’s Largest Car Wash Operator with 950 Locations in 14 Countries and the Second Largest Car Wash Operator in the US with Over 200 Locations Nationwide

Favorable Industry Trends – Percentage of US Drivers that Wash Their Vehicle at a Professional Car Wash Increased from 47 Percent in 1994 to 72 Percent in 2014 | Market is Expected to Increase Due to Consumer Demand for More Inexpensive and Convenient Options

Investment Highlights

  • Outparcel to Publix-Anchored Shopping Center | 18+ Years Remaining on Absolute NNN Lease | Corporate Guarantee by the Largest Car Wash Chain in the World
  • 15-Year Accelerated and 80 Percent Bonus Depreciation Available on This Asset - See Agents for Details
  • Located at Signalized Entrance to Camden Woods Development – One Million Square Feet of Retail and Office Space and 800 Residential Units Under Development

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Car Wash

Take 5 Car Wash | International Car Wash Group

Listing Price: $3,106,133

Cap Rate
6.00%
Tenant Name
Take 5 Car Wash
Years Remaining On Lease
18.3
Gross SF
3,408
Guarantor
Corporate Guarantee
Rentable SF
3,408
Price/Gross SF
$911.42
Lease Type
Absolute Net
Rent Per Square Feet
$54.69

Investment Highlights

  • Outparcel to Publix-Anchored Shopping Center | 18+ Years Remaining on Absolute NNN Lease | Corporate Guarantee by the Largest Car Wash Chain in the World
  • 15-Year Accelerated and 80 Percent Bonus Depreciation Available on This Asset - See Agents for Details
  • Located at Signalized Entrance to Camden Woods Development – One Million Square Feet of Retail and Office Space and 800 Residential Units Under Development

Investment Overview

Outparcel to Publix-Anchored Shopping Center | 18.+ Years Remaining on Absolute NNN Lease | Corporate Guarantee by the Largest Car Wash Chain in the World 15- Year Accelerated and 80 Percent Bonus Depreciation Available on This Asset – See Agents for Details Located at Signalized Entrance to Camden Woods Development – 1 Million Square Feet of Retail and Office Space and 800 Residential Units Under Development | Newly Developed Grove Park Apartment Complex Located .5 Miles North of Property Highly Desirable Location – Located in a Dense Retail Corridor Close to Major National Retailers Such as Walmart, Lowes, Publix, Harbor Freight Tools, Planet Fitness, Walgreens, CVS Pharmacy, Starbucks, Holiday Inn, Waffle House, Burger King and More Complete Remodel and Rebrand to Latest Take 5 Car Wash Prototype by Tenant in 2021 | Shows Commitment to Site Strategic Location Between South Georgia and Jacksonville Ports – Some of the Busiest Ports in the United States | Nearby Kings Bay Submarine Base - One of the Top Naval Bases in the United States - See Map on Next Page Excellent Positioning on GA-40/East King Avenue (22,700 VPD) | Just Off I-95 (62,300 VPD – a Major Highway Into Jacksonville, Florida, Less than 40 Miles Away | Jacksonville Metro Grew 43% from 2000 - 2020 ICWG is the World’s Largest Car Wash Operator with 950 Locations in 14 Countries and the Second Largest Car Wash Operator in the US with Over 200 Locations Nationwide Favorable Industry Trends – Percentage of US Drivers that Wash Their Vehicle at a Professional Car Wash Increased from 47 Percent in 1994 to 72 Percent in 2014 | Market is Expected to Increase Due to Consumer Demand for More Inexpensive and Convenient Options

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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