Mammoth Car Wash | 5712 Lawrenceville Hwy
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Mammoth Car Wash 5712 Lawrenceville Hwy
3,683 SF Retail Building Tucker, GA 30084 £3,845,975 (£1,044/SF) 6.75% Net Initial Yield
Investment Highlights
- 20-Year Absolute Triple Net (NNN) Lease At closing the tenant will execute a brand-new 20-year absolute triple-net lease.
- Attractive Rent Increases The lease will feature scheduled increases of 1.50% annually.
- Strong Corporate Guarantee The lease will be subject to a strong corporate guarantee from Mammoth Car Wash (130+ units).
Executive Summary
NNN Pro is pleased to present the exclusive listing for a
Mammoth Car Wash located at 5712 Lawrenceville Hwy, Tucker,
GA 30084. The site consists of roughly 3,683 rentable square
feet of building space on an estimated 2.11-acre parcel of land.
This Mammoth Car Wash is subject to a 20-year Triple Net (NNN)
lease which will commence upon close of escrow. The annual
rent will be $331,783 and has scheduled increases of 1.50%
annually.
Mammoth Car Wash located at 5712 Lawrenceville Hwy, Tucker,
GA 30084. The site consists of roughly 3,683 rentable square
feet of building space on an estimated 2.11-acre parcel of land.
This Mammoth Car Wash is subject to a 20-year Triple Net (NNN)
lease which will commence upon close of escrow. The annual
rent will be $331,783 and has scheduled increases of 1.50%
annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,683 SF
Building Class
C
Year Built
2021
Price
£3,845,975
Price Per SF
£1,044
Net Initial Yield
6.75%
NOI
£259,604
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Lot Size
2.11 AC
Parking
21 Spaces
Frontage
128 ft on Lawrenceville Highway
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 6-137-244 | Improvements Assessment | £254,766 |
Land Assessment | £177,021 | Total Assessment | £431,787 |
PROPERTY TAXES
Parcel Number
6-137-244
Land Assessment
£177,021
Improvements Assessment
£254,766
Total Assessment
£431,787
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Mammoth Car Wash | 5712 Lawrenceville Hwy
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