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18 Commerce Pkwy Adairsville, GA 30103

For Sale
$4,922,000

High-yield, NNN-leased car wash in GA.

Property size:
3,292 SF

Description

Added:
Dec 11, 2024
Days on Market:
360
This exceptional investment opportunity presents a newly constructed (2023) Mr. Clean Car Wash located in Adairsville, Georgia. The property boasts a 20-year absolute NNN lease commencing March 27, 2024, and expiring March 31, 2044, with a remaining term of 19.5 years. The lease includes 10% rental increases every five years, ensuring consistent income growth. The 3,292 square foot car wash sits on a 0.94-acre lot and benefits from a strong NOI of $327,296, resulting in a 6.65% cap rate. The asking price is $4,922,000. This prime location along State Route 140 and Commerce Parkway, near the intersection of I-75 and US Route 41, enjoys exceptional visibility and access, with over 95,000 vehicles passing daily. Its proximity to major employers like Shaw Industries, Mohawk Industries, and Duluth Trading Company guarantees a substantial customer base. The car wash features a dual-lane drive-thru, 10 parking spaces, and 7 interior cleaning lanes with self-service vacuums. The property is situated in a rapidly growing area with projected population and income growth within a 5, 10, and 15-mile radius. This is a turnkey investment with minimal landlord responsibilities, making it an ideal addition to any portfolio. The property is suitable for a 1031 exchange.

Property Features for 18 Commerce Pkwy

General Information

Property type
Automotive properties
Square Feet
3,292 SF
Lot Size
40,946 SF

Building Details

Year Built
2023

HighLights

  • High‑visibility location on State Route 140 (18,300 AADT) and Commerce Parkway.
  • Excellent location between I‑75 (84,500 AADT) and US Route 41 (11,600 AADT).
  • Less than one mile from major employers Shaw Industries, Mohawk Industries, and Duluth Trading Company, totaling over 6,700 employees.
  • Located in Northwest Georgia's strong industrial and distribution center market.
  • Strong projected population and income growth within a five‑mile radius over the next five years.
  • New 2023 construction featuring 10 parking spaces and 7 interior cleaning lanes with self‑service vacuums.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Adairsville
County
Bartow
State
Georgia
Longitude
-84.9284817
Latitude
34.3773881

FAQs

What type of property is this?
Automotive property - High-yield, NNN-leased car wash in GA.
Where is this automotive property located?
The property is located at 18 Commerce Pkwy Adairsville, GA.
What is the asking price?
The asking price for this property is $4,922,000.
What are key features of this property?
This property features: High-visibility location on State Route 140 (18,300 AADT) and Commerce Parkway.; Excellent location between I-75 (84,500 AADT) and US Route 41 (11,600 AADT).; Less than one mile from major employers Shaw Industries, Mohawk Industries, and Duluth Trading Company, totaling over 6,700 employees.
More about this property
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