4840 Athens Hwy, Loganville, GA 30052 For Sale

± 15.8 Years Remaining on Abs. NNN Lease | Annual 1.25% Escalations | 2021 Construction | Corporate & Personal Guarantee

Offered for sale is an absolute NNN express car wash tenanted by Mr. Clean Car Wash. The lease has more than 15 years remaining on the original term and is both corporately and personally guaranteed. Rent increases 1.25% annually. The car wash was built in 2021.

Established & Growing Operator | Headquartered in Atlanta | Globally Recognized Brand

Mr. Clean Car Wash has a long history of providing excellent car washing services in the Atlanta area. The founders are based in Atlanta and have been in the car washing business locally for more than 30 years. Mr. Clean Car Wash currently operates 20 locations in Georgia and Florida. Mr. Clean Car Wash has the exclusive right to use the Mr. Clean brand, one of the most recognizable in the world, in their marketing.

Strong Demographics | 10% Population Growth Expected | $100K+ AHHI

The Property is surrounded by a population count of close to 77,194 people in a 5-mile radius, having an average household income of just shy of $120,000. Additionally, this area is projected to see strong population growth of 10% from 2024 to 2029.

Strong Retail Corridor | Nearby Kroger & Walmart

The property is situated in a busy retail hub, with prominent nearby tenants such as Kroger, Marathon, McDonald's, Walmart, Lowe's, Home Depot, Dick's Sporting Goods and Hobby Lobby, among others. The presence of these well-known national retailers underscores the area’s strong real estate stability and growth.

Excellent Visibility Along Athens Hwy | ± 46,100 VPD | 2 Access Points

The property is perfectly located along Athens Hwy, which sees approximately 46,100 vehicles daily. This significant traffic volume, combined with an unobstructed street view, offers outstanding visibility for the property. The property also boasts two entry points, one along Athens Hwy and Old Zion Cemetery Rd.

Atlanta MSA | Affluent & Growing Suburb

The Atlanta MSA offers a strong opportunities due to the region's robust retail market and economic growth. With an expanding population—Atlanta saw over 64,000 new residents annually through 2024. Additionally, the market's solid consumer base, coupled with Atlanta's ranking as the fourth top city for retail investment sales in 2023, highlights its potential for long-term profitability and growth.

Rapid Industry Growth | 72% of Drivers Use Professional Car Washing Services

More than 72% of drivers in the U.S. use professional car wash services regularly, with conveyor car washes being the most profitable service. Around 66% of Americans have their cars washed 13x per year, an average of 1-2 washes per month. The car wash service market in the U.S. is expected to grow at a CAGR of 6.1% from 2024 to 2030, reaching a $12.5 billion market size by 2032. (Sources: grandviewresearch.com & gminsights.com)

Eligible for Accelerated Depreciation & 100% Bonus Depreciation

Car Wash properties are eligible for Accelerated Depreciation and 100% Bonus Depreciation in 2026. Interested purchasers must consult a tax professional for more information.