Mister Car Wash Investment
1780 Buford Hwy, Cumming, GA 30041
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NNN leased Mister Car Wash in Cumming, Georgia.
Type:Special Purpose
Property size:
4,117 SFPrice / SF:
$1,559/SF- Added:
- Aug 27, 2024
- Days on Market:
- 645
- Last Refresh:
- May 12 at 10:33 pm
Property Features for 1780 Buford Hwy
General Information
- Standard status
- Active
- Size
- 4,117 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2012
Listing agent Matthew Mousavi License #CA 01732226
Listing office SRS Real Estate Partners Newport Beach (480) 221-4221
Listing date Aug 27, 2024
Source Crexi
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 SRS Real Estate Partners Newport Beach
HighLights
- Absolute NNN lease with zero landlord responsibilities, providing a management‑free, passive investment.
- Approximately 18 years remaining on the lease term with 5 (5‑year) options to extend, ensuring long‑term income.
- Lease guaranteed by a subsidiary of the corporate entity.
- Located in a high‑traffic area (33,000 vehicles per day) on Buford Highway, near U.S. Highway 19 (75,000 vehicles per day), offering excellent visibility.
- Strategically situated in a dense retail corridor with national/credit tenants like Aldi, Publix, Walgreens, Target, Walmart, Home Depot, and Lowe’s.
- Located in Cumming, GA (Atlanta MSA), a fast‑growing and affluent area with a strong demographic base and high average household income.
Overview
This property features an absolute NNN leased Mister Car Wash investment opportunity in Cumming, Georgia, within the Atlanta MSA. The tenant has approximately 18 years remaining on its current lease term, with 5 (5-year) options to extend. The lease includes 1.5% annual rental increases. The lease is guaranteed by a subsidiary of the corporate entity and is absolute NNN with zero landlord responsibilities. Mister Car Wash is a leading car wash brand with over 420 locations across the United States. The property is located along Buford Highway, with an average of 33,000 vehicles passing by daily, and is in close proximity to U.S. Highway 19, which serves 75,000 vehicles per day. The car wash benefits from visibility via street frontage and a monument sign. The asset is situated in a retail corridor with national tenants including Aldi, Publix, Walgreens, Target, Walmart Supercenter, The Home Depot, Lowe’s, Ross Dress for Less, and JoAnn Fabrics. The 5-mile trade area is supported by over 117,000 residents and 40,000 employees. Residents within 1 mile of the property have an average household income of $186,548. The property size is 4,117 square feet. Cumming, Georgia, is located in Forsyth County.
Property Profile
Location Intelligence
Current Use by Public Records
Mister Car Wash
Car Wash
Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.114946
- Latitude
- 34.1607038
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FAQs
What type of property is this?
Car wash - NNN leased Mister Car Wash in Cumming, Georgia.
Where is this car wash located?
The property is located at 1780 Buford Hwy Cumming, GA.
What is the asking price?
The asking price for this property is $6,421,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, providing a management‑free, passive investment.; Approximately 18 years remaining on the lease term with 5 (5‑year) options to extend, ensuring long‑term income.; Lease guaranteed by a subsidiary of the corporate entity.
