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| Price $5,096,000 | Built/Renov 2020 | Tenant Take 5 Car Wash |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
3,600
| Lease Start
01-01-2023
| #Units
390
|
| Price/SF $1,415.56 | Expiration
12-28-2042
| Tenant Type Automotive |
| NOI $331,224 | R. Term 17.7 | Ownership Fee Simple |
| Rent/SF
$92.01
| Increases 2.0%/5/yrs | Pop 5Mi 176,086 |
| Lot/AC 0.94 | Options 4/5yrs/2% | AHHI 5Mi $165,030 |
| | |
Take 5 Car Wash is located at the signalized, hard corner intersection of Hembree Rd and Alpharetta Hwy, with a combined 43,500 vehicles passing by daily. It is nearby direct on/off ramp access to U.S. Hwy 19, a major thoroughfare averaging over 157,000 vehicles per day. The asset is ideally situated in a dense retail corridor, with numerous nearby national/credit tenants including Target, Old...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Highway location
Top 100 MSA
Strong demographics
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Traded and rated company
Take 5 Car Wash is the largest domestic operator of car wash sites. The chain offers exterior car wash services that utilize an automated conveyor belt to pull vehicles along a track where they...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,380 | 71,110 | 175,397 |
| 2023 Total Population : | 6,303 | 71,118 | 176,086 |
| 2023 Employed Civilian Pop : | 3,587 | 37,373 | 94,593 |
| 2023 Total Businesses : | 815 | 6,132 | 9,959 |
| 2023 Average Household Income : | $ 167,222 | $ 158,629 | $ 165,030 |
| 2023 Total Consumer Spending : | $ 355 M | $ 3885 M | $ 9619 M |
| 2023 Median Age : | 37 | 37 | 39 |
| 2023 Total Households : | 2,491 | 28,706 | 68,713 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,741 | 19,159 | 50,228 |
| 2023 Average Home Value : | $ 390,308 | $ 489,550 | $ 511,259 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Hembree Rd | Surburban Lodge | 2004 | 8,660 | 0.04 mi |
| Park Terrace | Hembree Rd | 2021 | 110 | 0.08 mi |
| Park Terrace | Hembree Rd | 2019 | 100 | 0.08 mi |
| Alpharetta Hwy | Hospital Blvd | 2014 | 23,129 | 0.23 mi |
| Hembree Rd | Hembree Pkwy | 2013 | 11,270 | 0.28 mi |
| Hembree Rd | Streamside Dr | 2010 | 7,179 | 0.32 mi |
| Hembree Road | Hospital Blvd | 2018 | 13,900 | 0.42 mi |
| Hembree Road | 2019 | 14,000 | 0.42 mi | |
| Hembree Road | Upper Hembree Rd | 2021 | 13,900 | 0.42 mi |
| Upper Hembree Rd | Harris Rd | 2007 | 4,910 | 0.46 mi |
High Point, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 5,163
Salisbury, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 5,383
Robinson, TX
Cap Rate 6.85%
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R. Term 14.70 yrs
Size/SF 4,500
Tucson, AZ
Cap Rate 6.25%
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Size/SF 4,573
American Fork, UT
Cap Rate 6.50%
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Size/SF 11,725
Victorville, CA
Cap Rate 6.75%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 5,400
Fort Pierce, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 3,770
Bryant, AR
Cap Rate 7.25%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 5,120
Sherwood, AR
Cap Rate 7.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 5,968
Palm Bay, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 3,763
Oregon, OH
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 3,760
Katy, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 16.11 yrs
Size/SF 4,078
Brooksville, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 5,538
Ocala, FL
Cap Rate 7.00%
Lease Abs NNN
R. Term 17.90 yrs
Size/SF 3,302
Niceville, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 5,376
Roswell, GA
Cap Rate 6.25%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 3,600
Carrollton, GA
Cap Rate 7.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 4,160
Springfield, OH
Cap Rate 6.25%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 3,345
Powell, TN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 4,380
Columbus, GA
Cap Rate 6.90%
Lease Abs NNN
R. Term 18.40 yrs
Size/SF 3,223
Woodhaven, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,750
Marietta, GA
Cap Rate 6.90%
Lease Abs NNN
R. Term 17.10 yrs
Size/SF 3,192
West Allis, WI
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.30 yrs
Size/SF 3,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
