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500 Morrison Moore Pky E - Tidal Wave Auto Spa 4,138 SF Specialty Building Offered at $7,712,443 CAD at a 6.75% Cap Rate in Dahlonega, GA 30533
Investment Highlights
- Strong Corporate Guarantee
- Qualifies for 100% Bonus Depreciation
- Strong Population Growth Through 2029
- Dense Retail Corridor
Executive Summary
Surmount is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 500 Morrison Moore Pkwy E, Dahlonega, GA 30533. The site consists of roughly 3,421 rentable square feet of building space on an estimated 3.23-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/29/2023. The annual rent will be $370,000 and has scheduled increases of 2.00% annually.
Property Facts
| Price | $7,712,443 CAD | Building Class | C |
| Price Per SF | $1,863.81 CAD | Lot Size | 3.23 AC |
| Sale Type | Investment | Building Size | 4,138 SF |
| Cap Rate | 6.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Car Wash | Parking Ratio | 9.91/1,000 SF |
| Price | $7,712,443 CAD |
| Price Per SF | $1,863.81 CAD |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 3.23 AC |
| Building Size | 4,138 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 9.91/1,000 SF |
Amenities
- Signage
- Wheelchair Accessible
- Awning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 079-000-130-000 | Improvements Assessment | $275,969 CAD |
| Land Assessment | $369,197 CAD | Total Assessment | $645,166 CAD |
Property Taxes
Parcel Number
079-000-130-000
Land Assessment
$369,197 CAD
Improvements Assessment
$275,969 CAD
Total Assessment
$645,166 CAD
Contacts
-
Matthew Anuszkiewicz -
Francis Purritano -
Glen Kunofsky -
Christopher Marks -
Will Byrne -
Surmount
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Videos
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Photos
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500 Morrison Moore Pky E - Tidal Wave Auto Spa
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