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2955 Warm Springs Rd - Landshark Car Wash | Columbus, GA

3,223 SF Specialty Building Offered at $5,360,000 at a 6.90% Cap Rate in Columbus, GA 31909

Investment Highlights

  • New Construction Corporate Landshark Car Wash: Absolute NNN lease with no landlord responsibilities
  • Across from Peachtree Mall (10 Million Customers Each Year): Peachtree Mall is the only super-regional shopping center within 60 miles
  • Dense, High-Growth Demographics: 182,250 people within a 5-mile radius | 30.5% population growth within a 5-mile radius from 2010 to 2020
  • 20-Year Initial Lease Term with Two 10-Year Options
  • Exceptional Freeway Access: Positioned at the intersection of Manchester Expressway (50,000 CPD) and Interstate 185 (70,000 CPD)
  • Columbus MSA: 2nd most populous city in Georgia

Executive Summary

20-Year Absolute NNN Lease | Freeway Adjacent | Across from Peachtree Mall (10M Annual Visitors)

Property Facts

Price $5,360,000
Price Per SF $1,663
Sale Type Investment
Cap Rate 6.90%
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 1.01 AC
Building Size 3,223 SF
No. Stories 1
Year Built 2017

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
069-013-001
Land Assessment
$215,360
Improvements Assessment
$278,408
Total Assessment
$493,768
  • Listing ID: 32655760

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 2955 Warm Springs Rd, Columbus, GA 31909

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