- Corporate guaranteed by Driven Brands
- 18 years remaining on their current lease term with 4 (5-year) options to extend
- The lease features 2% annual rental increases starting in Jan. 2029 of the initial term and continuing throughout the term and option periods, growing NOI and hedging against inflation
- According to Placer.ai the property is the most visited Take 5 Car Wash in GA
Investment Offering
Roswell, GA - Take 5 Car Wash
11560 Alpharetta Hwy | Roswell, GA 30076
$5,299,000
Price6.25%
Cap Rate$331,224
NOI3,600
± SF Offering GLADescription
Location
- The asset is located at the signalized, hard corner intersection of Hembree Rd and Alpharetta Hwy with a combined 43,500 vehicles passing by daily
- Nearby direct on/off ramp access to U.S. Hwy 19, a major thoroughfare averaging over 157,000 vehicles per day
- Ideally situated in a dense retail corridor, with numerous nearby national/credit tenants including Target, Old Navy, Hobby Lobby, Dick’s Sports Goods, Macy’s, Starbucks, Chili’s, Petsmart, Taco Bell, Marshall’s, and many more
Documents & Links
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 Offering Memorandum |  |  |
Contact
Patrick Nutt
Sr Managing Principal & Co-Head of National Net Lease
954.302.7365954.302.7365[email protected]FL #: BK3120739
Patrick Luther, CCIM
Sr Managing Principal & Co-Head of National Net Lease
949.698.1115949.698.1115[email protected]CA #: 01912215