1035 Parkway Blvd Athens, GA 30606
High-Cap Rate Car Wash, NNN Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- $5,047,843 Asking Price, 7.00% Cap Rate, $353,349 NOI, Fee Simple Ownership.
- 15+ years remaining on a 20-year NNN lease; zero landlord responsibilities.
- High-traffic retail location anchored by national retailers (Walmart, Lowe's, Kohl's, etc.).
- Qualifies for 15-year accelerated depreciation and bonus depreciation.
Property Details for 1035 Parkway Blvd
- Property type
- Specialty properties, Car washes
- Square Feet
- 3,855 SF
- Year Built
- 2019
- Lot Size (sq. ft)
- 30,928 SF
Location Insight
- City
- Athens
- County
- Oconee
- State
- Georgia
- Latitude
- 33.9216386
- Longitude
- -83.4415213
Nearby Similar for Sale
FAQs
- What type of property is this?
- Specialty property - High-Cap Rate Car Wash, NNN Lease
- Where is the specialty property located?
- The property is located at 1035 Parkway Blvd Athens, GA.
- What is the asking price?
- The asking price for this property is $5,047,843.
- What are key features of this property?
- This property features: $5,047,843 Asking Price, 7.00% Cap Rate, $353,349 NOI, Fee Simple Ownership.; 15+ years remaining on a 20-year NNN lease; zero landlord responsibilities.; High-traffic retail location anchored by national retailers (Walmart, Lowe's, Kohl's, etc.).
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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