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500 Morrison Moore Pky E - Tidal Wave Auto Spa 3,421 SF Specialty Building Offered at $5,481,481 at a 6.75% Cap Rate in Dahlonega, GA 30533
Investment Highlights
- Strong Corporate Guarantee
- Qualifies for 100% Bonus Depreciation
- Strong Population Growth Through 2029
- Dense Retail Corridor
Executive Summary
Surmount is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 500 Morrison Moore Pkwy E, Dahlonega, GA 30533. The site consists of roughly 3,421 rentable square feet of building space on an estimated 3.23-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/29/2023. The annual rent will be $370,000 and has scheduled increases of 2.00% annually.
Property Facts
| Price | $5,481,481 | Property Subtype | Car Wash |
| Price Per SF | $1,602.30 | Lot Size | 3.23 AC |
| Sale Type | Investment | Building Size | 3,421 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Price | $5,481,481 |
| Price Per SF | $1,602.30 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Lot Size | 3.23 AC |
| Building Size | 3,421 SF |
| No. Stories | 1 |
| Year Built | 2023 |
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Contacts
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Matthew Anuszkiewicz -
Francis Purritano -
Walker Stevens -
Glen Kunofsky -
Christopher Marks -
Surmount
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500 Morrison Moore Pky E - Tidal Wave Auto Spa
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