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1505 Roswell Rd - Tidal Wave Auto Spa 3,898 SF Specialty Building Offered at $5,477,104 at a 6.25% Cap Rate in Marietta, GA 30062
Investment Highlights
- High-Performing Tidal Wave Auto Spa Location | This Tidal Wave Auto Spa location is recognized as a high-performing site
- Strong Corporate Guarantee | The lease is backed by a corporate guarantee tied to a network of over 300+ locations across 30 states
- Outstanding Long-Term Site History and Tenant Commitment | The property has served as a Tidal Wave Auto Spa location since 2005
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 1505 Roswell Road, Marietta, Georgia 30062. The site consists of roughly 3898 rentable square feet of building space on an estimated 2.03-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/31/2021. The current annual rent is $342,319 and has scheduled increases of 2.00% Annually.
Property Facts
| Price | $5,477,104 | Building Class | C |
| Price Per SF | $1,405.11 | Lot Size | 2.03 AC |
| Sale Type | Investment | Building Size | 3,898 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2005 |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 2 |
| Zoning | CRC - Commercial retail | ||
| Price | $5,477,104 |
| Price Per SF | $1,405.11 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 2.03 AC |
| Building Size | 3,898 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | CRC - Commercial retail |
Amenities
- Bus Line
- Signage
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 16-1209-0-012-0 | Improvements Assessment | $157,440 |
| Land Assessment | $370,056 | Total Assessment | $527,496 |
Property Taxes
Parcel Number
16-1209-0-012-0
Land Assessment
$370,056
Improvements Assessment
$157,440
Total Assessment
$527,496
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1505 Roswell Rd - Tidal Wave Auto Spa
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