18 Bailey Sta CirSharpsburg, GA 30277

Property Details for 18 Bailey Sta Cir

Lot size

1.02 AC

Property size (Sq ft)

3,411 SF

Property type

Specialty properties

Property subtype

Car washes

Description

This exceptional investment opportunity presents a thriving, single-tenant car wash located at 18 Bailey Sta Cir, Sharpsburg, GA 30277. The property boasts a substantial 3,411 square foot building situated on a 1.02-acre lot. Built in 2021, the car wash operates under a NNN lease with approximately 17 years remaining, featuring annual escalations, ensuring consistent and growing income. The property enjoys a strong 6.85% cap rate, generating a substantial Net Operating Income (NOI) of $363,378. Its prime location along Route 34, a high-traffic corridor with approximately 23,700 vehicles per day, provides exceptional visibility and accessibility. The car wash benefits from its proximity to a new Dunkin' and is situated within the thriving Metro Atlanta area, the 9th largest MSA in the U.S., characterized by a strong corporate presence, including nearby Amazon and HelloFresh distribution centers. The property's location within a dense retail corridor and attractive demographics further enhances its investment appeal. The universally recognized and growing brand of the car wash, coupled with the high industry growth and eligibility for bonus depreciation, makes this a compelling investment opportunity. The asking price for this exceptional property is $5,304,788.

Location Insight

City

Sharpsburg

County

Coweta

State

Georgia

Latitude

33.4081

Longitude

-84.6736

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