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28669139
28669140

351 South Columbia Avenue, Rincon, GA 31326

RN
NY 10401294015
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$4,692,038
200 days on market
Updated 95 days ago

Take 5 Car Wash

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 4,266
Cap Rate 5.75%
NOI $269,792
Occupancy 100%
Lease Type NNN
Lease Expiration 12/31/2049
Remaining Term 23.6
Price per SqFt $1,100
Year Built 2016
Acreage 1.070
Tenant Credit Corporate Guarantee
Ownership Fee Simple

Special Purpose | 5.75% CAP | 4,266 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a Take 5 Car Wash - Whistle Express Corporate Guaranty located at 351 South Columbia Avenue, Rincon, GA, 31326. The site consists of roughly 4,266 rentable square feet of building space on an estimated 1.07-acre parcel of land. The current annual rent is $269,792 and has scheduled increases of 1.90% annual beginning 1/1/2030.

Investment highlights

  • Over 24 Years Remaining | True Triple Net Lease | The property is backed by a new NNN lease, offering investors stable and passive income with zero landlord obligations. Scheduled 1.90% annual rent increases beginning on 1/1/2030 provide consistent cash flow growth.

  • Bonus Depreciation | This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership. This form of depreciation enhances after-tax cash flow and adds to overall investment returns, making this property ideal for investors looking for tax treatment on real estate holdings. Surmount is not a tax advisor. Please consult your own tax professional.

  • Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America | The lease is backed by Whistle Express, the nation’s largest car wash operator, providing investors with security and stability. As a market leader with a rapidly expanding footprint, Whistle Express brings strong creditworthiness and proven operational expertise to the site.

  • Modern Express Car Wash Prototype | The facility features a newly constructed 4,266 SF building on a 1.07-acre parcel, incorporating the latest express tunnel technology, efficient site design, and a highthroughput layout that supports Whistle Express’ membership-based model and repeat customer base.

Listing Contacts

RN
NY 10401294015
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$269,792.00
$22,482.67/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Brian Brockman
License
RB14037939
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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