Freestanding Express Car
New
For Sale
$3,166,483
1510 Norman Dr, Valdosta, GA 31601
Long-term absolute NNN lease supported by a corporate guarantee.
Property Size1,950 SF
Lot Size1.41 Acres
Price / SF$1,623
Days on Market5
Property Features for 1510 Norman Dr
General Information
Standard status
Active
Size
1,950 SF
Lot size
1.41 Acres
Property subtype
Car Wash
Occupancy
100%
Lease Type
NNN
Additional Details
Cap Rate
6%
Amenities
Newly Executed 25-Year Corporate Lease | Initial Term Runs Through December 2049
Long-Term Lease | More Than 23 Years Remaining on the Initial Lease Term
2% Annual Rent Increases Commencing January 2029
Absolute NNN Structure | Zero Landlord Responsibilities
Corporate Guarantee by Whistle Express Car Wash | Largest Express Car Wash Operator in U.S - 540+ Locations Across 23 States
Qualifies 100% Bonus Depreciation | Accelerated Tax Benefits Available
Premier Regional Retail Corridor | Surrounded by Academy Sports, Sams's Club, Walmart Super Center, Aldi, Cheddar's Scratch Kitchen, McDonald's, Wendy's, IHOP, Bojangles, Dunkin, and numerous others
Building Details
Building Size
1,950 SF
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap
(786) 522-7054
Listed By:
Ricardo Esteves · License #License(s): FL: SL3402581, FL: BK3402581
(786) 522-7054
Source:
Marcusmillichap
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 11 at 4:38AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This freestanding express car wash occupies 1,950 square feet on a 1.41-acre parcel at 1510 Norman Dr in Valdosta, Georgia. The asset is subject to an absolute NNN lease that began January 1, 2025, and runs through December 31, 2049. A corporate guarantee supports the lease, while landlord responsibilities are excluded under the absolute NNN structure.
The property sits in an established residential corridor near multiple apartment communities and newer housing developments, with national and regional retailers in the surrounding trade area. Nearby commercial operators include Academy Sports, Sam's Club, Walmart Supercenter, Aldi, Cheddar's Scratch Kitchen, McDonald's, Wendy's, IHOP, Bojangles, and Dunkin.
Lease economics include 2% annual rental increases beginning January 1, 2029, along with four additional five-year renewal options. The property is also identified with a 6.00% cap rate.
The property sits in an established residential corridor near multiple apartment communities and newer housing developments, with national and regional retailers in the surrounding trade area. Nearby commercial operators include Academy Sports, Sam's Club, Walmart Supercenter, Aldi, Cheddar's Scratch Kitchen, McDonald's, Wendy's, IHOP, Bojangles, and Dunkin.
Lease economics include 2% annual rental increases beginning January 1, 2029, along with four additional five-year renewal options. The property is also identified with a 6.00% cap rate.
Key Highlights
- 1,950‑square‑foot freestanding express car wash
- 1.41‑acre parcel at 1510 Norman Dr, Valdosta, GA 31601
- Absolute NNN lease runs from January 1, 2025, through December 31, 2049
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
932k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 26%
Shops & Services 22%
Apparel 15%
Home Improvements & Furnishings 13%
Target
Superstores
95,770 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
69,089 visits/mo
0.3 miles
T.J. Maxx
Apparel
60,958 visits/mo
0.3 miles
Publix
Groceries
57,728 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
48,599 visits/mo
0.2 miles
Demographics for 31601, GA
32,331
Population
14,345
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
159.0 sq mi
ZIP Area
203
Density / Sq Mi
$34,846
Median Household Income
$28,878
Median Earnings
$872
Median Rent
$112,600
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 - Long-term absolute NNN lease supported by a corporate guarantee.
Where is this car wash located?
The property is located at 1510 Norman Dr Valdosta, GA.
What is the asking price?
The asking price for this property is $3,166,483.
What are key features of this property?
This property features: 1,950‑square‑foot freestanding express car wash; 1.41‑acre parcel at 1510 Norman Dr, Valdosta, GA 31601; Absolute NNN lease runs from January 1, 2025, through December 31, 2049
