Car Wash
Mister Car Wash
170 M.L.K. Jr Blvd, Monroe, GA 30655
Listing Price: $4,800,000
Investment Overview
13.5 YEARS REMAINING ABSOLUTE NET LEASE - Brand-Backed Lease With Zero Landlord Responsibilities; Tenant Responsible For All Operating Expenses, Maintenance, Roof & Structure
2009 CONSTRUCTION RENOVATED 2019 - Modern Tunnel Car Wash Facility (3,138 SF) Situated On A 28,750 SF Parcel With Established Customer Base
1.5% ANNUAL RENT INCREASES STRATEGIC RETAIL CORRIDOR - Contractual Annual Increases Throughout Primary Term Provide Predictable NOI Growth Through 2039
CORPORATE TENANT GUARANTY FROM CAR WASH PARTNERS - Lease To Car Wash Headquarters, Inc. With Guaranty From Car Wash Partners, Inc., A Delaware Corporation Located Along One Of Monroe’s Major Thoroughfares With Connectivity To U.S. Route 78 (14,300 VPD) And Direct Access To Atlanta MSA
PART OF THE EXPANDING ATLANTA MSA - Monroe Sits Within The Atlanta Metropolitan Area between Atlanta and Athens — One Of The Largest And Fastest-Growing MSAs In The Southeast
Investment Highlights
- 13.5 YEARS REMAINING ABSOLUTE NET LEASE
- 1.5% ANNUAL RENT INCREASES
- CORPORATE TENANT GUARANTY FROM CAR WASH PARTNERS
- 2009 CONSTRUCTION RENOVATED 2019
- STRATEGIC RETAIL CORRIDOR
- PART OF THE EXPANDING ATLANTA MSA
Exclusively Listed By
Broker of Record
-
John Leonard
Senior Managing Director, Market Leader- Atlanta
Listing Price: $4,800,000
Investment Highlights
- 13.5 YEARS REMAINING ABSOLUTE NET LEASE
- 1.5% ANNUAL RENT INCREASES
- CORPORATE TENANT GUARANTY FROM CAR WASH PARTNERS
- 2009 CONSTRUCTION RENOVATED 2019
- STRATEGIC RETAIL CORRIDOR
- PART OF THE EXPANDING ATLANTA MSA
Investment Overview
13.5 YEARS REMAINING ABSOLUTE NET LEASE - Brand-Backed Lease With Zero Landlord Responsibilities; Tenant Responsible For All Operating Expenses, Maintenance, Roof & Structure 2009 CONSTRUCTION RENOVATED 2019 - Modern Tunnel Car Wash Facility (3,138 SF) Situated On A 28,750 SF Parcel With Established Customer Base 1.5% ANNUAL RENT INCREASES STRATEGIC RETAIL CORRIDOR - Contractual Annual Increases Throughout Primary Term Provide Predictable NOI Growth Through 2039 CORPORATE TENANT GUARANTY FROM CAR WASH PARTNERS - Lease To Car Wash Headquarters, Inc. With Guaranty From Car Wash Partners, Inc., A Delaware Corporation Located Along One Of Monroe’s Major Thoroughfares With Connectivity To U.S. Route 78 (14,300 VPD) And Direct Access To Atlanta MSA PART OF THE EXPANDING ATLANTA MSA - Monroe Sits Within The Atlanta Metropolitan Area between Atlanta and Athens — One Of The Largest And Fastest-Growing MSAs In The Southeast
Exclusively Listed By
Broker of Record
-
John Leonard
Senior Managing Director, Market Leader- Atlanta