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Miscellaneous

Twins Car Wash Blue Ridge

32 McKinney Road, Blue Ridge, GA 30513

Listing Price: $5,470,000

Cap Rate
6.00%
Tenant Name
Twins Car Wash Blue Ridge
Years Remaining On Lease
20.0
Gross SF
4,025
Guarantor
Corporate Guarantee
Rentable SF
4,025
Price/Gross SF
$1,359.01
Lease Type
Absolute Net

Investment Overview

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Investment Highlights

  • 20-Year Triple-Net (NNN) Lease | Brand New 20-Year Absolute NNN Lease With 1.25% Annual Escalations, Providing Investors with A Long-Term Income Stream with A Built-In Inflation Hedge
  • Accelerated Depreciation | The Properties Qualify for 15-Year Accelerated Depreciation
  • Bonus Depreciation | The Subject Property Qualifies for 100% Bonus Depreciation in Year One of Ownership
  • High Industry Growth | According to Grand View Research Inc., The Car Wash Industry's Current Market Size Is Approximately $10.3B And Is Projected to Reach $40.11B By 2026, Growing At An Expected CAGR Of 3.13% From 2019 To 2026
  • Dense Retail Corridor | Verizon, TJ Maxx, Taco Bell, Dollar General, Wendy's, Dunkin' Donuts and Many More
  • Strong Traffic Counts | Over 21,600 Vehicles Per Day on Appalachian Highway

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Miscellaneous

Twins Car Wash Blue Ridge

Listing Price: $5,470,000

Cap Rate
6.00%
Tenant Name
Twins Car Wash Blue Ridge
Years Remaining On Lease
20.0
Gross SF
4,025
Guarantor
Corporate Guarantee
Rentable SF
4,025
Price/Gross SF
$1,359.01
Lease Type
Absolute Net

Investment Highlights

  • 20-Year Triple-Net (NNN) Lease | Brand New 20-Year Absolute NNN Lease With 1.25% Annual Escalations, Providing Investors with A Long-Term Income Stream with A Built-In Inflation Hedge
  • Accelerated Depreciation | The Properties Qualify for 15-Year Accelerated Depreciation
  • Bonus Depreciation | The Subject Property Qualifies for 100% Bonus Depreciation in Year One of Ownership
  • High Industry Growth | According to Grand View Research Inc., The Car Wash Industry's Current Market Size Is Approximately $10.3B And Is Projected to Reach $40.11B By 2026, Growing At An Expected CAGR Of 3.13% From 2019 To 2026
  • Dense Retail Corridor | Verizon, TJ Maxx, Taco Bell, Dollar General, Wendy's, Dunkin' Donuts and Many More
  • Strong Traffic Counts | Over 21,600 Vehicles Per Day on Appalachian Highway

Investment Overview

-

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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