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1585 Crater Lake Dr - Dirty Dog's Car Wash | Ground Lease 8,829 SF Specialty Building Offered at $1,945,000 at a 7.25% Cap Rate in Kennesaw, GA 30152
Investment Highlights
- Absolute net ground lease | Zero landlord responsibilities | Desirable lease term | 9.5 years remaining
- Outparcel to a Whole Foods Market | Ranked the #2 Whole Foods in GA via Placer.ai
- Located inside of dense retail corridor | 4.7M SF within a 2-mile radius
- Experienced operator | New Car Wash, LLC | 11 locations with 6 more being built this year
- Close proximity to Town Kennesaw | New 395-unit apartment and townhome community | High-end, amenity-rich village delivers built-in consumer basE
- Affluent surrounding area | $126,568 average household income within a 3-mile radius
Executive Summary
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Dirty Dog's Car Wash Ground Lease in Kennesaw, GA. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,945,000 | Building Class | B |
| Price Per SF | $220.30 | Lot Size | 1.53 AC |
| Sale Type | Investment | Building Size | 8,829 SF |
| Cap Rate | 7.25% | No. Stories | 1 |
| Sale Condition | Build to Suit | Year Built | 2017 |
| Property Type | Specialty | Parking Ratio | 1.13/1,000 SF |
| Property Subtype | Car Wash | ||
| Zoning | Commercial | ||
| Price | $1,945,000 |
| Price Per SF | $220.30 |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Sale Condition | Build to Suit |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.53 AC |
| Building Size | 8,829 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | Commercial |
Amenities
- Controlled Access
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 20-0212-0-158-0 | Improvements Assessment | $311,560 |
| Land Assessment | $436,540 | Total Assessment | $748,100 |
Property Taxes
Parcel Number
20-0212-0-158-0
Land Assessment
$436,540
Improvements Assessment
$311,560
Total Assessment
$748,100
Contacts
-
Carl Brendes -
Ransome Foose -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
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