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Property profile & analytics
OFF-MARKET Estimated value $4,670,000
Car washes

11110 State Brg Rd Alpharetta, GA 30022-6009

4,608 SF 1.34 ac lot Built 2013
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US22-3675529
Property summary
AI-generated overview

This exceptional investment opportunity features a Mister Car Wash located at 11110 State Bridge Rd, Alpharetta, GA 30022, in Fulton County. The property boasts 3,635 square feet on a 1.34-acre lot and was built in 2015. Currently operating under a Triple Net (NNN) lease with a corporate guarantee, the lease commenced November 7, 2019, and has a remaining term of 15 years, expiring November 30, 2039. The property enjoys 100% occupancy, generating a substantial Net Operating Income (NOI) of $291,846 annually, representing a compelling 7.00% capitalization rate. The asking price is $4,169,229. The lease includes annual rent increases of 1.50%, providing consistent growth potential. This single-tenant property offers a secure, passive income stream with significant long-term value. The property's prime location in Johns Creek, Georgia, ensures high visibility and accessibility for customers. This is a rare opportunity to acquire a well-established, high-performing car wash with a strong tenant and a long-term lease. The property's financial performance and lease structure make it an attractive investment for discerning buyers seeking stable returns and appreciation potential.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 2013
Construction WOOD
Total area 4,608 SF
Lot 1.34 ac (58,370 SF)
Zoning code C1C
APN 11 036001290999
UPID US22-3675529
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
  • Mister Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.67M
Owner & transaction history
Arg Mcwslb001 LLC · 6 yrs held
Arg Mcwslb001 LLC
since 2019
Last sale
$5.1M
5 recorded transactions
2019
$4.1M
2019
$5.5M
2018
Price N/A
2014
$700,000
1969
Price N/A
Zoning & alternative use
C1C · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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