For Sale
$4,915,298

5712 Lawrenceville HwyTucker, GA 30084

High-Yield Car Wash Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fee-simple ownership of a thriving Mammoth Car Wash, located at 5712 Lawrenceville Hwy, Tucker, Georgia 30084, in Gwinnett County. The property boasts a substantial 3,683 square feet of building space situated on a 2.11-acre lot. Built in 2021, this car wash operates under a 20-year triple-net (NNN) lease, ensuring minimal landlord responsibilities. The current annual net operating income (NOI) stands at $331,783, translating to a compelling 6.75% cap rate and a price per square foot of $1,334.59. The asking price for this turnkey investment is $4,915,298. The lease includes annual rent increases of 1.50%, providing consistent growth potential. Further strengthening the investment's security is the inclusion of a corporate guarantee from Mammoth Car Wash, a company with over 130 locations. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term income potential backed by a strong corporate tenant. The lease commenced upon closing. This property offers a secure and profitable investment in a prime location.

Highlights

  • 20-Year Absolute Triple-Net (NNN) Lease with no landlord responsibilities.
  • Annual rent increases of 1.50%.
  • Strong corporate guarantee from Mammoth Car Wash (130+ locations).

Property Details for 5712 Lawrenceville Hwy

Property type
Specialty properties, Car washes
Square Feet
3,683 SF
Year Built
2021
Lot Size (sq. ft)
91,912 SF

Location Insight

City
Tucker
County
Gwinnett
State
Georgia
Latitude
33.879101
Longitude
-84.1664655
5712 Lawrenceville Hwy, Tucker, Georgia

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5712 Lawrenceville Hwy
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