170 M.l.k. Jr Blvd Monroe, GA 30655
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.