920 Chatham Pkwy - Mammoth Car Wash
4,800 SF Specialty Building Offered at $7,213,200 CAD at a 6.50% Cap Rate in Savannah, GA 31408
INVESTMENT HIGHLIGHTS
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Strong Corporate Guarantee
- Bonus Depreciation
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Mammoth Car Wash located at 920 Chatham Parkway, Savannah, GA 31408. The new construction will consist of roughly 4,800 rentable square feet of building space on an estimated 1-acre parcel of land. This Mammoth Car Wash will be subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $325,000 and have scheduled increases of 1.50% annually.
PROPERTY FACTS
| Price | $7,213,200 CAD |
| Price Per SF | $1,502.75 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 4,800 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Parking Ratio | 1.25/1,000 SF |
PROPERTY TAXES
| Parcel Number | 6080102025 | Improvements Assessment | $0 CAD |
| Land Assessment | $158,875 CAD | Total Assessment | $158,875 CAD |
