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21 Crown Mountain Pl Dahlonega, GA 30533

For Sale
$5,066,000

High-yield NNN lease, strong tenant.

Property size:
3,202 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional investment opportunity presents a 3,202 square foot, state-of-the-art Mr. Clean Car Wash located in Dahlonega, Georgia. The property boasts a 20.1-year absolute NNN lease, commencing December 15, 2023, and expiring December 31, 2043, with a remaining term of 19.1 years. The lease includes rent bumps, ensuring consistent income growth. The property features a 110-foot tunnel and 18 self-serve vacuum lanes, situated on a one-acre lot at 21 Crown Mountain Pl, Dahlonega, GA 30533. This prime location benefits from high visibility across from the University of North Georgia Dahlonega Campus (over 19,000 students and faculty) and is part of a thriving retail corridor with numerous national tenants including Walmart, Chick-fil-A, and McDonald's. The property's strong performance is reflected in its impressive 6.65% cap rate and a Net Operating Income (NOI) of $336,827. The site enjoys significant traffic from its proximity to US Route 19, a major interstate route. With a robust surrounding population (20,109 residents within five miles) and projected growth, this car wash offers a secure and lucrative investment opportunity. The lease is guaranteed by Carnett’s Management Company, American Car Wash Equipment and Supply Company, and Genesis Building Systems, LLC, providing additional security. The property was built in 2023. This is an ideal investment for those seeking a low-management, high-return asset.

Property Features for 21 Crown Mountain Pl

General Information

Property type
Automotive properties
Square Feet
3,202 SF
Lot Size
43,560 SF

Building Details

Year Built
2023

HighLights

  • High‑traffic location at US Route 19/South Chestatee Street & Morrison Moore Parkway intersection (29,800 AADT).
  • High visibility across from University of North Georgia (19,000+ students/faculty).
  • Strong retail corridor with nearby Walmart, Chick‑fil‑A, McDonald's, and other national tenants.
  • Dense population base (20,009 residents within 5 miles), with 17% growth since 2010.
  • Projected population and income growth within a 5‑mile radius over the next 5 years.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Dahlonega
County
Lumpkin
State
Georgia
Longitude
-83.9790353
Latitude
34.5257357

FAQs

What type of property is this?
Automotive property - High-yield NNN lease, strong tenant.
Where is this automotive property located?
The property is located at 21 Crown Mountain Pl Dahlonega, GA.
What is the asking price?
The asking price for this property is $5,066,000.
What are key features of this property?
This property features: High-traffic location at US Route 19/South Chestatee Street & Morrison Moore Parkway intersection (29,800 AADT).; High visibility across from University of North Georgia (19,000+ students/faculty).; Strong retail corridor with nearby Walmart, Chick-fil-A, McDonald's, and other national tenants.
More about this property
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