Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2745 Powder Springs Rd Marietta, GA 30064

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2745 Powder Springs Rd Marietta, GA 30064

    View on Map
    • Specialty properties
    • 3,206 SF
    • 1.86 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tidal Wave Auto Spa | Car Wash / Car Wash
    • Bojangles / Restaurant / Take-out & Catering

    Property Details for 2745 Powder Springs Rd

    Year built
    2022
    Lot size
    1.86 lot acres
    Property size
    3,206 SF
    Property type
    Specialty properties
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional investment opportunity presents a fee-simple ownership of a 3,206 square foot, single-tenant car wash in Marietta, Georgia. Built in late 2022, the property boasts a 20-year absolute NNN lease with a corporate guarantee from Tidal Wave Auto Spa, the 4th largest conveyor car wash company in the US, currently operating in 28 states and expanding to 31 by year-end. The lease commenced on January 1st, 2023, with rent commencing December 31st, 2022, and includes 2% annual rent increases. The remaining lease term is 18.1 years, extending to December 31st, 2042, with five, 5-year renewal options. The property sits on a 1.86-acre lot and enjoys excellent visibility and access from Powder Springs Road, a high-traffic area with nearly 30,000 vehicles per day. Its strategic location is directly across from a Walmart Supercenter and within two miles of a major retail corridor including Lowe's, Target, T.J. Maxx, and a Wellstar Cobb Medical Center. The property generates a strong NOI of $374,544, yielding an 8.63% average cap rate over the remaining lease term. The asking price is $5,468,000. This recession-resistant business model benefits from 65% recurring subscription revenue. The property's location within a dense, affluent area with over 87,600 residents and an average household income exceeding $112,500 within a 10-minute drive further enhances its investment appeal. The property is eligible for bonus depreciation (confirmation with a CPA is recommended).

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6343
    Latitude
    33.865

    Comparable in this City

    • Value Estimation
      $4,720,000
      1,232 SF

      2745 Powder Spgs SW Rd

      CAR WASH - AUTOMATED • 1,232 SF
      2745 Powder Spgs SW Rd, Marietta, GA 30064-4517
      View Details
    • Value Estimation
      $620,000
      3,200 SF

      901 Burnt Hickory NW Rd

      CAR WASH - AUTOMATED • 3,200 SF
      901 Burnt Hickory NW Rd, Marietta, GA 30064-2010
      View Details
    • Value Estimation
      $815,000
      3,750 SF

      3330 Dallas SW Hwy

      CAR WASH - AUTOMATED • 3,750 SF
      3330 Dallas SW Hwy, Marietta, GA 30064-2462
      View Details
    • Value Estimation
      $5,930,000
      1,122 SF

      101 Marietta SW Pkwy

      CAR WASH - AUTOMATED • 1,122 SF
      101 Marietta SW Pkwy, Marietta, GA 30064-3291
      View Details
    • Value Estimation
      $4,560,000
      3,850 SF

      1255 Powder Spgs St

      CAR WASH - SELF-SERVE • 3,850 SF
      1255 Powder Spgs St, Marietta, GA 30064-3939
      View Details
    • Value Estimation by Request
      8,298 SF

      1280 Powder Springs Rd

      Automotive properties • 8,298 SF
      1280 Powder Springs Rd, Marietta, GA 30064
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,206 SF

      Marietta Commercial Property For Sale

      Commercial property in Marietta, GA with bonus depreciation capability.
      2745 Powder Springs Rd SW, Marietta, GA 30064
      View Details
    • $1,275,000

      Freestanding Retail Building in Marietta

      Retail building in the heart of Marietta, built in 2009.
      1322 Powder Springs Rd Southwest, Marietta, GA 30064
      View Details
    • $1,350,000
      4,387 SF

      Commercial Property with Retail Tenant

      Commercial property featuring two buildings and established retail tenant.
      3760 Due West Rd NW, Marietta, GA 30064
      View Details
    • $1,350,000
      4,387 SF

      Marietta Commercial Property For Sale

      Commercial property in Marietta, GA with established retail tenant.
      3760 Due Rd W, Marietta, GA 30064
      View Details
    • $1,350,000
      4,287 SF

      Marietta Retail Property For Sale

      Commercial property with two buildings and established retail tenant.
      3760 Due Rd W, Marietta, GA 30064
      View Details
    • Contact for pricing
      8,000 SF

      West Marietta Retail Opportunity

      Retail space for sale in Cheatham Hill Plaza.
      365 Villa Rica Way SW, Marietta, GA 30064
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,009 SF

      Turnkey Restaurant Space with Patio

      2,009 SF restaurant with bar and dedicated patio.
      68 N Marietta Pkwy NW, Marietta, GA 30064
      View Details
    • Contact for pricing

      Marietta Retail Space For Rent

      17,500 SF retail building near Marietta Square.
      803 Powder Springs St SW, Marietta, GA 30064
      View Details
    • Contact for pricing

      Renovated Retail/Office Space Available

      Newly renovated retail and office spaces in high-traffic Marietta location.
      795 Powder Springs St, Marietta, GA 30064
      View Details
    • $4,500 /Mo

      Retail Space Near Kroger Plaza

      Retail space for rent near Kroger Shopping Plaza in Marietta.
      1075 Whitlock Ave SW, Marietta, GA 30064
      View Details
    • Contact for pricing

      Grocery Anchored Retail Center

      Retail spaces in a grocery-anchored power center on Highway 120.
      3805 Dallas Hwy SW, Marietta, GA 30064
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Near Kennesaw Park

      Retail space anchored by Goodwill and Dollar Tree.
      763 Whitlock Ave SW, Marietta, GA 30064
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2745 Powder Springs Rd
    Marietta, GA 30064
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!