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18 Commerce Pky 3,292 SF Specialty Building Offered at $5,041,000 at a 7.75% Cap Rate in Adairsville, GA 30103
INVESTMENT HIGHLIGHTS
- New 20-year absolute NNN lease with 10% rental increases every five (5) years.
- Absolute NNN lease requires no landlord management, ideal for an out-of-area or local investor.
- Outstanding infrastructure and support team with 30-plus years of trusted car care management experience, poised for substantial growth.
- Four (4) option periods of five (5) years each provides a solid long-term investment.
- Guaranteed by Carnett’s Management Company; American Car Wash Equipment and Supply Company; and Genesis Building Systems, LLC.
EXECUTIVE SUMMARY
This Mr. Clean Car Wash is located along State Route 140 (18,300 AADT) and Commerce Parkway, positioned between two major Georgia thoroughfares: Interstate 75 (84,500 AADT) and U.S. Route 41 (11,600 AADT), offering excellent accessibility. The site benefits from its close proximity—less than one mile—to major industrial employers such as Shaw Industries and Mohawk Industries, each with approximately 3,200 employees, as well as Duluth Trading Company with over 300 employees. This provides the car wash with exposure to a large and consistent customer base. Located in Northwest Georgia, widely known as the Carpet Capital of the World, the area is home to numerous industrial facilities and distribution centers, generating significant traffic and offering strong potential for fleet cleaning services. Additionally, the surrounding five-mile radius is projected to experience steady population and income growth over the next five years, aligning well with the continued expansion of both Mr. Clean Car Wash and the Adairsville market. Newly constructed in 2023, this location was built to the latest prototype and features 10 total parking spaces along with 7 interior cleaning lanes equipped with self-service vacuums, enhancing overall customer convenience.
PROPERTY FACTS
| Price | $5,041,000 | Building Class | C |
| Price Per SF | $1,531.29 | Lot Size | 0.94 AC |
| Sale Type | Investment | Building Size | 3,292 SF |
| Cap Rate | 7.75% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 2023 |
| Property Type | Specialty | Parking Ratio | 3.04/1,000 SF |
| Property Subtype | Car Wash | ||
| Zoning | IN | ||
| Price | $5,041,000 |
| Price Per SF | $1,531.29 |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 3,292 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 3.04/1,000 SF |
| Zoning | IN |
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PROPERTY TAXES
| Parcel Number | A009-0170-015 | Improvements Assessment | $312,775 |
| Land Assessment | $100,000 | Total Assessment | $412,775 |
PROPERTY TAXES
Parcel Number
A009-0170-015
Land Assessment
$100,000
Improvements Assessment
$312,775
Total Assessment
$412,775
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18 Commerce Pky
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