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Caliber Car Wash

Peachtree City, Georgia

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Marcus & Millichap is pleased to present the exclusive listing for a Caliber Wash located at 100 Huddleston Rd, Peachtree City, GA. The site will consist of roughly 3,648 rentable square feet of building space and sits on an estimated 1.29-acre lot. The car wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence upon close of escrow. The initial annual rent will be $325,000 and is scheduled to increase by one-and-one-quarter percent (1.25%) annually throughout the base term and in each of the four (4), five (5)-year renewal options.

About the Investment
20-Year Triple-Net (NNN) Sale-Leaseback: At closing the Tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
Corporate Guarantee: The lease will be subject to a Corporate Guarantee from Clydesdale Holdings, LLC.
Attractive Rental Increases: The lease will feature one and one quarter (1.25%) rental increases annually that will continue through the base term and into the four, five-year tenant renewal option periods.

Key Details

Price:
$5,416,667
Cap Rate:
6.00%
Annual Rent:
$325,000
Address:
100 Huddleston Rd, Peachtree City, Georgia 30269
Property Type:
Net-Leased Auto Service
Lease Type:
Triple-Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
Close of Escrow
Lease Expiration:
20 Years from Close of Escrow
Lease Term Remaining:
20 Years
Rental Increases:
1.25% Annually
Lot Size:
1.29 Acres
Building Size:
3 SF
Year Built:
2023
Tenant:
Caliber Car Wash

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Alexandre Marietto

License: 10401294047

Francis Purritano

License: 10401333619

Gordon Pollock

Natalie Raum


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