Express Car Wash Investment
For Sale
$1,100,000
101 Stonebridge Blvd, Bremen, GA 30110
NNN leased car wash with annual rent escalations for sale.
Property Size4,290 SF
Price / SF$256.41
Days on Market187
Property Features for 101 Stonebridge Blvd
General Information
Standard status
Active
Size
4,290 SF
Taxes and HOA fees
Annual Taxes
$6,025
Listing Agency:
Hardy Realty & Development Company
Listed By:
Ben Levy · License #325565
(404) 538-4681
Source:
Exprealty
Added: Feb 18
Changed: Aug 23
Last Checked: Aug 23 at 4:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hardy Realty & Development Company
Investment Insights
Based on property information with market context.
An express car wash, leased to Big Peach Car Wash, is available for sale. The property is operating under an original 20-year Absolute NNN lease, which includes 2% annual rent escalations throughout the base term. The lease also features two 10-year extension options. The property is 4,290 square feet. Fee simple car wash properties may qualify for 100% Bonus Depreciation in 2026 (consult a tax professional).
Key Highlights
- Absolute NNN lease, offering a passive investment with no landlord responsibilities.
- Original 20‑year lease term provides long‑term security and predictable income stream.
- 2% annual rent escalations throughout the base term, ensuring increasing returns.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,942
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,378,840
$1.4M
Cap Rate 7%
$984,886
$984.9K
Cap Rate 9%
$766,022
$766.0K
Market Conditions
NOI Build-Up for 4,290 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$98.8K $23.04/SF
− Vacancy
−$6.9K −$1.61/SF
EGI
$91.9K $21.43/SF
− OpEx
−$23.0K −$5.36/SF
NOI
$68.9K $16.07/SF
Area
Haralson County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,378,840
Cap Rate 7%
$984,886
Cap Rate 9%
$766,022
Alternative Uses
Best Use
Specialty Retail
$984.9K
$861.8K – $1.15M
NOI $68,942 @ 7.0% cap · market cap 6.27%
Second Best
Retail
$862.0K
$754.3K – $1.01M
NOI $60,340 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$1.20M
$1.05M – $1.41M
NOI $84,324 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 100%
Bealls
Apparel
11,721 visits/mo
0.5 miles
Demographics for 30110, GA
14,327
Population
5,822
Households
2.5
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
72.0 sq mi
ZIP Area
199
Density / Sq Mi
$69,725
Median Household Income
$46,746
Median Earnings
$861
Median Rent
$238,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - NNN leased car wash with annual rent escalations for sale.
Where is this car wash located?
The property is located at 101 Stonebridge Blvd Bremen, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Absolute NNN lease, offering a passive investment with no landlord responsibilities.; Original 20‑year lease term provides long‑term security and predictable income stream.; 2% annual rent escalations throughout the base term, ensuring increasing returns.
