687 Brannen St Statesboro, GA 30458

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Richard Nardi · License #NY 10401294015

Source Crexi

Added: Apr 11 Updated: Jul 20 at 9:00PM Checked: Jul 21 at 6:02AM

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Investment Insights

Based on property information with market context.

Marcus & Millichap presents an ICWG Car Wash offered for sale in Statesboro, GA, structured with a triple-net (NNN) lease dated December 2019. The tenant signed a new 23-year term with absolutely no landlord responsibilities. Rent includes 1.75% annual rental escalations throughout the base term, as well as four, five-year tenant renewal option periods.

The lease also includes a corporate guarantee from International Car Wash Group LTD. (UK), which operates more than 950 locations throughout the United States and internationally.

This is an NNN car wash investment opportunity backed by a corporate guarantor and built around long-term lease durability.

Key Highlights

• ICWG car wash in Statesboro, GA with a brand new 23‑year triple‑net (NNN) lease signed December 2019
• NNN lease includes no landlord responsibilities
• Current annual rent is $363,956 with 1.75% annual rental escalations during the base term

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FAQs

What type of property is this?

Car wash - Brand new NNN car wash lease with no landlord responsibilities and corporate guarantee from International Car Wash Group.

Where is this car wash located?

The property is located at 687 Brannen St Statesboro, GA.

What are key features of this property?

This property features: ICWG car wash in Statesboro, GA with a brand new 23‑year triple‑net (NNN) lease signed December 2019; NNN lease includes no landlord responsibilities; Current annual rent is $363,956 with 1.75% annual rental escalations during the base term