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Property profile & analytics
OFF-MARKET
Specialty properties

4840 Athens Hwy Loganville, GA 30052

1.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving Mr. Clean Car Wash located at 4840 Athens Hwy, Loganville, GA 30052. The property sits on a 1.1-acre lot in a dense retail corridor, directly across from a Kroger grocery store. Built in 2021, the car wash boasts approximately 17.25 years remaining on a triple-net (NNN) lease, ensuring a passive income stream with annual rent escalations. The property generates a strong net operating income (NOI) of $375,799, resulting in an attractive 6.85% capitalization rate. The location benefits from excellent traffic counts, averaging approximately 39,700 vehicles per day. Further enhancing its appeal, the property is situated within the rapidly growing Metro Atlanta area, the 9th largest MSA in the U.S., experiencing an estimated 10% population growth over the next five years. The car wash business model is considered internet-proof, and the property is eligible for bonus depreciation, offering additional tax advantages. This is a rare opportunity to acquire a high-performing, nationally recognized brand in a prime location with significant long-term growth potential. The asking price for this exceptional investment is $5,486,117.

Property profile
Verified
Property type Specialty properties
Lot 1.1 ac (47,916 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
Current use
Occupant on record · Public records
  • Mr. Clean Car Wash Loganville Car Wash
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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