Car Wash
Tidal Wave Auto Spa | Bonus Depreciation Opportunity
2745 Powder Springs Rd SW, Marietta, GA 30064
Listing Price: $5,999,000
Investment Overview
15.5-YEAR ABSOLUTE NET LEASE
Brand-New 20-Year Lease Commenced December 2022 And Structured On An Absolute- NNN Basis; Tenant Responsible For All Operating Expenses, Roof, Structure, And Capital Items
2% ANNUAL RENT INCREASES
Fixed Annual Increases Provide Predictable NOI Growth Throughout The Primary Term And Option Periods
2023 CONSTRUCTION INSTITUTIONAL-QUALITY
Delivered In 2023, The 3,206 SF Purpose-Built Facility Sits On 1.86 Acres With Modern Tunnel Configuration And High-Throughput Design
HIGH-GROWTH ATLANTA MSA LOCATION
Located In Marietta Within Cobb County—Part Of The 6M+ Population Atlanta-Sandy Springs-Roswell MSA
DENSE INFILL TRADE AREA
5-Mile Population Of 151,281 Residents Providing Strong Daytime And Rooftop Density
STRATEGIC CORRIDOR POSITIONING
Positioned Along Powder Springs Road (GA-360), A Primary Retail And Commuter Artery Serving Western Marietta And Powder Springs
Investment Highlights
- 15.5-YEAR ABSOLUTE NET LEASE
- 2% ANNUAL RENT INCREASES
- 2023 CONSTRUCTION INSTITUTIONAL-QUALITY
- HIGH-GROWTH ATLANTA MSA LOCATION
- DENSE INFILL TRADE AREA
- STRATEGIC CORRIDOR POSITIONING
Exclusively Listed By
Broker of Record
-
John Leonard
Senior Managing Director, Market Leader- Atlanta
Car Wash
Tidal Wave Auto Spa | Bonus Depreciation Opportunity
Listing Price: $5,999,000
Investment Highlights
- 15.5-YEAR ABSOLUTE NET LEASE
- 2% ANNUAL RENT INCREASES
- 2023 CONSTRUCTION INSTITUTIONAL-QUALITY
- HIGH-GROWTH ATLANTA MSA LOCATION
- DENSE INFILL TRADE AREA
- STRATEGIC CORRIDOR POSITIONING
Investment Overview
15.5-YEAR ABSOLUTE NET LEASE Brand-New 20-Year Lease Commenced December 2022 And Structured On An Absolute- NNN Basis; Tenant Responsible For All Operating Expenses, Roof, Structure, And Capital Items 2% ANNUAL RENT INCREASES Fixed Annual Increases Provide Predictable NOI Growth Throughout The Primary Term And Option Periods 2023 CONSTRUCTION INSTITUTIONAL-QUALITY Delivered In 2023, The 3,206 SF Purpose-Built Facility Sits On 1.86 Acres With Modern Tunnel Configuration And High-Throughput Design HIGH-GROWTH ATLANTA MSA LOCATION Located In Marietta Within Cobb County—Part Of The 6M+ Population Atlanta-Sandy Springs-Roswell MSA DENSE INFILL TRADE AREA 5-Mile Population Of 151,281 Residents Providing Strong Daytime And Rooftop Density STRATEGIC CORRIDOR POSITIONING Positioned Along Powder Springs Road (GA-360), A Primary Retail And Commuter Artery Serving Western Marietta And Powder Springs
Exclusively Listed By
Broker of Record
-
John Leonard
Senior Managing Director, Market Leader- Atlanta