Tidal Wave Auto Spa Car
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For Sale
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3585 E Andrew Johnson Highway, Greeneville, TN 37745
Newly constructed car wash leased on an absolute NNN basis with long-term occupancy in an arterial business district.
Property Size3,358 SF
Lot Size1.08 Acres
Price / SF$1,804
Days on Market4
Property Features for 3585 E Andrew Johnson Highway
General Information
Standard status
Active
Size
3,358 SF
Total Parking Spaces
19
Lot size
1.08 Acres
Property subtype
Retail
Zoning
B-4 - Arterial Business District
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$409,085
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2023
Tenancy
Single
Listing Agency:
CBRE - Oak Brook
Listed By:
Michael Kaider · License #IL 475154630
Source:
Crexi
Added: Aug 31
Changed: Sep 3
Last Checked: Sep 3 at 2:31AM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
Constructed in 2023, this 3,358-square-foot car wash occupies 1.08 acres and operates under a long-term absolute NNN lease. The property is 100% occupied by New Potato Creek Holdings, LLC, which operates as Tidal Wave Auto Spa. The original lease term runs for 20 years, with approximately 17 years remaining, 1.5% annual increases, and four additional 5-year options.
The property is located on E Andrew Johnson Highway and has access through a signalized intersection. It is adjacent to a Walmart Superstore reported to receive over 2.8 million visitors annually. The site is zoned B-4 - Arterial Business District and may be purchased individually or as part of a seven-property Tidal Wave Auto Spa portfolio.
The property is located on E Andrew Johnson Highway and has access through a signalized intersection. It is adjacent to a Walmart Superstore reported to receive over 2.8 million visitors annually. The site is zoned B-4 - Arterial Business District and may be purchased individually or as part of a seven-property Tidal Wave Auto Spa portfolio.
Key Highlights
- 3,358‑square‑foot car wash on 1.08 acres
- Built in 2023
- 100% occupied under a 20‑year absolute NNN lease
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
316k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Superstores 27%
Shops & Services 15%
Groceries 5%
Walmart
Superstores
85,408 visits/mo
0.3 miles
Pal's Sudden Service
Dining
30,771 visits/mo
0.2 miles
Texas Roadhouse
Dining
29,420 visits/mo
0.1 miles
Murphy USA
Shops & Services
20,929 visits/mo
0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
17,178 visits/mo
0.2 miles
Demographics for 37745, TN
19,714
Population
9,423
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
121.9 sq mi
ZIP Area
162
Density / Sq Mi
$54,946
Median Household Income
$35,609
Median Earnings
$677
Median Rent
$194,400
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 - Newly constructed car wash leased on an absolute NNN basis with long-term occupancy in an arterial business district.
Where is this car wash located?
The property is located at 3585 E Andrew Johnson Highway Greeneville, TN.
What is the asking price?
The asking price for this property is $6,060,521.
What are key features of this property?
This property features: 3,358‑square‑foot car wash on 1.08 acres; Built in 2023; 100% occupied under a 20‑year absolute NNN lease
