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12 Baynard Dr - Riptide Car Wash Newnan 2,550 SF Specialty Building Offered at $4,500,000 at a 6.76% Cap Rate in Newnan, GA 30265

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EXECUTIVE SUMMARY

CCRE Investments is excited to present the rare investment opportunity with Riptide Car Wash in Newnan GA. This opportunity consists of acquiring the real estate, and the established car wash business, gives the buyer the opportunity in a growing market and high market entry barriers.

PROPERTY FACTS

Price $4,500,000
Price Per SF $1,764.71
Sale Type Investment or Owner User
Cap Rate 6.76%
Property Type Specialty
Property Subtype Car Wash
Building Class C
Lot Size 1.02 AC
Building Size 2,550 SF
No. Stories 1
Year Built 2012
Parking Ratio 10.2/1,000 SF
Zoning COMMERCIAL

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
097-5079-013
Land Assessment
$136,964
Improvements Assessment
$225,264
Total Assessment
$362,229
  • Listing ID: 29097094

  • Date on Market: 7/25/2023

  • Last Updated:

  • Address: 12 Baynard Dr, Newnan, GA 30265

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