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Property profile & analytics
OFF-MARKET
Specialty properties

170 M.l.k. Jr Blvd Monroe, GA 30655

3,097 SF 0.66 ac lot Built 2010
Property ID
Property summary
AI-generated overview

This fee-simple Mister Car Wash in Monroe, GA, presents a compelling investment opportunity. Located at 170 M.L.K. Jr Blvd, this 3,097 square foot facility sits on a 0.66-acre lot and boasts a strong 7.00% cap rate. The property is subject to a 20-year NNN lease with a corporate guarantee, providing significant long-term stability. With 14.9 years remaining on the lease, and annual rent of $291,405 with scheduled 1.5% increases, this investment offers predictable cash flow. Built in 2010, the car wash benefits from its location in a dense retail corridor alongside major national retailers like Walmart, Home Depot, Starbucks, and more. The property qualifies for 15-year accelerated depreciation and bonus depreciation, offering potential tax advantages. This is a rare opportunity to acquire a well-performing, established car wash with substantial remaining lease term and significant upside potential. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any investment portfolio.

Property profile
Verified
Property type Specialty properties
Year built 2010
Total area 3,097 SF
Lot 0.66 ac (28,750 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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