950 McEver Rd - Car Wash | Car Wash/Auto Business
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950 McEver Rd - Car Wash | Car Wash/Auto Business
4,295 SF Specialty Building Offered at $2,600,000 at a 9.23% Cap Rate in Gainesville, GA 30504
Investment Highlights
- ± 4,295 SF car wash/auto center
- 3 drive-thru service bays. 22,297 VPD. 1 car wash tunnel with upgraded equipment
- Located across from Publix-anchored shopping center. Furnished lobby/waiting area for guests.
- FF&E included for owner/user
- Freestanding detail building. Covered vacuum station.
- Shown by appointment only. Do not visit property or disturb tenants, employees or customers.
Executive Summary
Bull Realty is pleased to present this well-established, operating car wash and auto center located on bustling McEver Road in Gainesville, GA. This facility is currently leased to two auto-related tenants with limited landlord responsibilities. Tenants are currently month to month making this also offering also well-suited for an owner/user. The property is conveniently located in a dense retail corridor and is across the street from a Publix-anchored shopping center. The Home Depot, Best Buy and Kohl's are also in close proximity.
* Please note that the this sale is for the property and equipment owned by the seller. There is no business value and no financials are available from the tenant. Gross rent with two month-to-month tenants is $24,000.00 per month with very few LL responsibilities. This offering includes real estate and equipment, no business value.
Non-Disclosure Agreement required.
Shown by appointment only.
Do not visit property or disturb tenants, employees or customers.
* Please note that the this sale is for the property and equipment owned by the seller. There is no business value and no financials are available from the tenant. Gross rent with two month-to-month tenants is $24,000.00 per month with very few LL responsibilities. This offering includes real estate and equipment, no business value.
Non-Disclosure Agreement required.
Shown by appointment only.
Do not visit property or disturb tenants, employees or customers.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$288,000
|
$67.05
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$288,000
|
$67.05
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $288,000 |
| Annual Per SF | $67.05 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $288,000 |
| Annual Per SF | $67.05 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,600,000 | Building Class | B |
| Price Per SF | $605 | Lot Size | 1.69 AC |
| Sale Type | Investment | Building Size | 4,295 SF |
| Cap Rate | 9.23% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2006/2018 |
| Property Subtype | Car Wash |
| Price | $2,600,000 |
| Price Per SF | $605 |
| Sale Type | Investment |
| Cap Rate | 9.23% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.69 AC |
| Building Size | 4,295 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2006/2018 |
PROPERTY TAXES
| Parcel Number | 01-00116-02-081 | Improvements Assessment | $235,960 (2024) |
| Land Assessment | $134,720 (2024) | Total Assessment | $370,680 (2024) |
PROPERTY TAXES
Parcel Number
01-00116-02-081
Land Assessment
$134,720 (2024)
Improvements Assessment
$235,960 (2024)
Total Assessment
$370,680 (2024)
zoning
| Zoning Code | HB (Intended to permit business and retail uses of limited size and intensity) |
| HB (Intended to permit business and retail uses of limited size and intensity) |
-
Darrell Chapman -
Bull Realty Inc.
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950 McEver Rd - Car Wash | Car Wash/Auto Business
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