4 Atlanta AveWinder, GA 30680

Property Details for 4 Atlanta Ave

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.10 AC

Property size (Sq ft)

2,240 SF

Zone code

B-1

Property type

Retail properties

Property subtype

Other car washes

APN

WN21 020

APU

WN21020

Description

This exceptional investment opportunity presents a fee-simple ownership of a thriving car wash located at 4 Atlanta Ave, Winder, GA 30680. The property boasts 2,240 square feet on a 1.11-acre lot, built in 2007. Currently operating under a single-tenant, absolute triple-net (NNN) lease with a corporate guarantee, the lease commenced August 19, 2024, and extends to December 31, 2040, representing a substantial 16.1 years of remaining lease term. The annual net operating income (NOI) is $225,000, yielding a compelling 6.90% cap rate. The asking price is $3,260,870, translating to $1,455.75 per square foot. The lease includes attractive annual rent increases of 1.50%, ensuring consistent and growing income. This well-established car wash offers a secure, passive income stream with significant long-term potential, making it an ideal addition to any investment portfolio. The property's prime location in Barrow County, Georgia, further enhances its appeal. This is a rare opportunity to acquire a high-performing, established business with a long-term lease and strong tenant.

Location Insight

City

Winder

County

Barrow

State

Georgia

Latitude

33.9842

Longitude

-83.7143

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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