125 Athens HwyLoganville, GA 30052

  • Car washes
  • 4,308 SF
For Sale
$4,961,786 View listing

Property Details for 125 Athens Hwy

Year built
2016
Lot size
1.20 AC
Property size (Sq ft)
4,308 SF
Zone code
CH-COMMERCIAL HIGHWAY
Property type
Car washes
APN
5-159 -052
APU
5159052

Description

This exceptional investment opportunity presents a 3,848 sq ft, 100% occupied, Zips Car Wash in Loganville, GA. Located on a 1.13-acre lot at a signalized intersection of Athens Hwy/US Route 78 (34,000 vehicles per day), this property boasts a strong location within a thriving retail corridor. The absolute NNN lease with a corporate guarantee provides significant security, featuring 13.5 years remaining and annual rent bumps tied to the lesser of 1.5% or 1.25x CPI. Six 5-year renewal options further enhance long-term stability. The property generates a substantial NOI of $347,325, representing a 7.00% cap rate on the $4,961,786 asking price. Built in 2016, this car wash benefits from its proximity to major national retailers like Hobby Lobby, Lowe's, Dick's Sporting Goods, Walmart Supercenter (generating $95.9M in annual sales and attracting 2.4 million visitors annually), and The Home Depot. The surrounding area showcases above-average household incomes exceeding $124,500 within a 5-mile radius, with affluent neighborhoods featuring homes valued between $500,000 and $1,000,000. The property is also conveniently located near Loganville High School. This investment is eligible for 60% 2024 bonus depreciation under the 2017 Tax Cuts and Jobs Act. This presents a compelling opportunity for investors seeking a secure, high-performing asset with significant long-term potential.

Location Insight

City
Loganville
County
Gwinnett
State
Georgia
Latitude
33.85
Longitude
-83.917
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,466
$200,720
$381,280
$582,000
-
$501,800
$953,200
$1,455,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].