18 Bailey Sta Cir Sharpsburg, GA 30277
- Specialty properties
- 3,411 SF
- 1.02 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 18 Bailey Sta Cir
- Lot size
- 1.02 lot acres
- Property size
- 3,411 SF
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
This exceptional investment opportunity presents a thriving, single-tenant car wash located at 18 Bailey Sta Cir, Sharpsburg, GA 30277. The property boasts a substantial 3,411 square foot building situated on a 1.02-acre lot. Built in 2021, the car wash operates under a NNN lease with approximately 17 years remaining, featuring annual escalations, ensuring consistent and growing income. The property enjoys a strong 6.85% cap rate, generating a substantial Net Operating Income (NOI) of $363,378. Its prime location along Route 34, a high-traffic corridor with approximately 23,700 vehicles per day, provides exceptional visibility and accessibility. The car wash benefits from its proximity to a new Dunkin' and is situated within the thriving Metro Atlanta area, the 9th largest MSA in the U.S., characterized by a strong corporate presence, including nearby Amazon and HelloFresh distribution centers. The property's location within a dense retail corridor and attractive demographics further enhances its investment appeal. The universally recognized and growing brand of the car wash, coupled with the high industry growth and eligibility for bonus depreciation, makes this a compelling investment opportunity. The asking price for this exceptional property is $5,304,788.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sharpsburg
- County
- Coweta
- State
- Georgia
- Longitude
- -84.6736
- Latitude
- 33.4081
