For Sale
$5,500,000

12 Baynard ParkNewnan, GA 30265

Profitable Car Wash, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a thriving, established car wash in Newnan, Georgia. Located at 12 Baynard Park, this 2,550 square foot facility boasts a 9.36% cap rate and a strong NOI of $515,000. Built in 2012, the car wash features automatic and self-service bays equipped with 16 industrial-grade vacuums and utilizes eco-friendly, water-saving technology. It also offers premium detailing services. The property benefits from a high-traffic location with excellent visibility, situated near I-85 (81,600 vehicles daily) and Bullsboro Drive (32,700 vehicles daily), ensuring a consistent customer base. The asking price is $5,500,000, representing a price per square foot of $2,156.86. This turnkey operation provides a rare opportunity to acquire a profitable, established business with significant growth potential in a rapidly developing market. The sale includes both the real estate and the ongoing car wash business.

Highlights

  • $5,500,000 asking price for a 2,550 SF car wash in Newnan, GA.
  • 9.36% cap rate with a $515,000 NOI.
  • Built in 2012, this single-unit property offers a price per square foot of $2,156.86 and a price per unit of $5,500,000.
  • Located at 12 Baynard Park, Newnan, GA 30265, in a high-traffic area with excellent visibility.

Property Details for 12 Baynard Park

Property type
Specialty properties, Car washes
Square Feet
2,550 SF
Year Built
2012
Units
1

Location Insight

City
Newnan
County
Coweta
State
Georgia
Latitude
33.401507945584
Longitude
-84.722308124281
12 Baynard Park, Newnan, Georgia

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12 Baynard Park
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