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28126163
28126165

651 Riverstone Pkwy, Canton, GA 30114 For Sale

RW
NY 10401286837
Global Realty Services
MN
NY 10401369448
Global Realty Services
Listed by Global Realty Services
$7,107,769
125 days on market
Updated 125 days ago

NNN MISTER CAR WASH - Canton GA

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 4,036
Cap Rate 6.50%
NOI $455,177
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 15
Lease Expiration 11/30/2039
Remaining Term 13
Rent Bumps Yes
Lease Options Two 5-Year Options
Price per SqFt $1,761
Year Built 2018
Tenant Credit Corporate Guarantee
Lease Commencement 12/01/2024
Occupancy Date 12/01/2024

Special Purpose | 6.50% CAP | 4,036 SqFt

Marketing description

Introducing NNN MISTER CAR WASH in Canton, GA! This prime property at 651 Riverstone Pkwy, Canton, GA 30114 offers a fantastic investment opportunity.

Built in 2018 on a 2.09 AC lot, the 4,036 SF car wash is leased to Mister Car Wash under a long-term NNN agreement with approximately 13 years remaining.

The lease includes 1.50% annual rental increases, providing a stable and lucrative income stream. Mister Car Wash, an industry leader with over 25 years of experience, has been expanding rapidly, opening 40 locations in the last year alone.

With a corporate guarantee and two 5-year renewal options, this investment presents a secure and promising asset for savvy investors. Benefit from this lucrative opportunity with a property that is a cornerstone in the growing car wash market.

Reach out today to take advantage of this exceptional investment at NNN MISTER CAR WASH in Canton!

Investment highlights

  • Absolute NNN, zero landlord responsibilities; corporate-guaranteed by Mister Car Wash

  • ±13 years remaining ; two (2) 5-year options.

  • 1.50% fixed annual rent bumps driving durable NOI growth.

  • Offered at $7,586,283 at a 6.00% cap on current annual rent of $455,177.

  • 2018 construction | 4,036 SF express wash on ±2.09 acres (modern build; efficient site plan).

  • Atlanta MSA (Canton, GA)—established, high-growth trade area with strong household incomes.

  • Predictable rent schedule through 11/30/2039 with published annual steps.

  • Potential bonus/accelerated depreciation (consult CPA).

  • Category-leader tenant with the largest car-wash subscription program and continued unit/revenue growth.

Listing Contacts

RW
NY 10401286837
Global Realty Services
MN
NY 10401369448
Global Realty Services
Listed by Global Realty Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$455,177.00
$37,931.42/mo

Valuation Metrics

0
DSCR
6.4%
Cap Rate
6.4%
ROI

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