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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.

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

Waffle House
Snap Fitness 24/7
Publix

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6-137-244
Land Assessment
£177,021
Improvements Assessment
£254,766
Total Assessment
£431,787
  • Listing ID: 33523366

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: 5712 Lawrenceville Hwy, Tucker, GA 30084

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