Mr. Clean Car Wash | Dahlonega, GA
20-Year Absolute NNN Lease | 7.75% CAP | 10% Rental Increases
Marketing description
New 20-year absolute NNN lease with 10% rental increases every five (5) years
Four (4) option periods of five (5) years each provides a solid long-term investment
Absolute NNN lease requires no landlord management, ideal for an out-of-area investor or local investor
Guaranteed by Carnett’s Management Company (Parent Company Guaranty), American Car Wash Equipment and Supply Company, Genesis Building Systems, LLC
With an outstanding infrastructure and support team with 30-plus years of trusted car care management experience, Mr. Clean Car Wash is poised for substantial growth
Central location just off the signalized intersection of U.S. Route 19/South Chestatee Street and Morrison Moore Parkway (combined 29,800 AADT)
U.S. Route 19 is a long-haul interstate route connecting the Gulf of Mexico with Lake Erie, allowing the site to capture significant commuter traffic
The state-of-the-art facility features a 110-foot tunnel with 18 self-serve vacuum lanes.
Investment highlights
- This Mr. Clean Car Wash is a central location just off the signalized intersection of U.S. Route 19/ South Chestatee Street and Morrison Moore Parkway (combined 29,800 AADT)
- U.S. Route 19 is a long-haul interstate route connecting the Gulf of Mexico with Lake Erie, allowing the site to capture significant commuter traffic
- The property is a high-visibility location across from the University of North Georgia Dahlonega Campus, which features over 19,000 students and faculty
- Ideally set in a large retail corridor, the property is surrounded by notable tenants such as Walmart Supercenter, Chick-fil-A, McDonald’s, Moe’s Southwest Grill, Zaxby’s, Taco Bell, Starbucks, and many more, creating significant crossover shopping
- The site greatly benefits from its surrounding population, with 20,109 residents living within five miles of the property and a 17% population increase since 2010, providing a reliable and growing customer base for the site
- Projected population and income increase within a five-mile radius over the next five years poise Mr. Clean Car Wash and Dahlonega for steady concurrent growth
- Parcel Size: 43560 SF
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