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Car Wash

Tidal Wave Car Wash

2745 Powder Springs Rd SW, Marietta, GA 30064

Listing Price: $6,234,794

Cap Rate
6.25%
Tenant Name
New Potato Creek Holdings, LLC
Years Remaining On Lease
16.7
Guarantor
Corporate Guarantee
Rentable SF
3,206
Lease Type
Absolute Net
Rent Per Square Feet
$121.55

Investment Overview

Tidal Wave Auto Spa was founded in 1999 in Thomaston, Georgia, and has grown into one of the largest conveyor car wash operators in the United States. The company specializes in express exterior car wash services and operates under a high-efficiency, membership-based model. As of Q1 2026, Tidal Wave operates more than 290 locations across 20+ states. The brand has expanded significantly through both organic growth and acquisitions and continues to open new sites nationwide. In 2024, Tidal Wave generated estimated systemwide sales exceeding $700 million. The company employs over 4,000 team members across its platform. Tidal Wave is privately owned and has been backed by Golden Gate Capital since 2021, supporting its continued national expansion strategy.

Investment Highlights

  • 15.75-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 M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Car Wash

Tidal Wave Car Wash

Listing Price: $6,234,794

Cap Rate
6.25%
Tenant Name
New Potato Creek Holdings, LLC
Years Remaining On Lease
16.7
Guarantor
Corporate Guarantee
Rentable SF
3,206
Lease Type
Absolute Net
Rent Per Square Feet
$121.55

Investment Highlights

  • 15.75-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

Tidal Wave Auto Spa was founded in 1999 in Thomaston, Georgia, and has grown into one of the largest conveyor car wash operators in the United States. The company specializes in express exterior car wash services and operates under a high-efficiency, membership-based model. As of Q1 2026, Tidal Wave operates more than 290 locations across 20+ states. The brand has expanded significantly through both organic growth and acquisitions and continues to open new sites nationwide. In 2024, Tidal Wave generated estimated systemwide sales exceeding $700 million. The company employs over 4,000 team members across its platform. Tidal Wave is privately owned and has been backed by Golden Gate Capital since 2021, supporting its continued national expansion strategy.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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