Caliber Car Wash in Atlanta, Georgia


PRICE: $4,923,000
CAP RATE: 6.25%

• The tenant, Caliber Car Wash, is an experienced car wash operator with 17 locations in five different states throughout the Southeast

• Caliber Car Wash has recently executed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site

• Recent investment from an Atlanta-based private equity firm called Eagle Merchant Partners, which focuses on consumer and industrial investments, click HERE to read more

• The lease features 1.50% annual rental increases, generating NOI, hedging against inflation, and increasing cap rate

• This asset qualifies for 100% bonus depreciation within the first year

• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises

• No landlord responsibilities

• Ideal, management-free investment for a passive investor

• Caliber Car Wash is strategically fronting Chamblee Tucker Road, a retail and commuter thoroughfare serving the immediate trade area

• Directly off Interstate 85 (222,000 VPD), a primary Interstate-Highway along the east coast

• Brand new construction with state-of-the art design and features

• The site benefits from significant street frontage and ease of access, providing convenience for customers

• More than 93,000 residents and 47,000 employees support the trade area

• Features an average household income of $61,017

Link to this Property:

Members profile:

Advertised by: Sheree Strome, CCIM (click here to see full profile)

Ad Details

Garage Spaces (put 0 if this does not apply) 2.00
Auto Use Allowed Yes
Property is For Sale
Price $4,923,000 USD
Price Info CAP RATE: 6.25%

Buildings & Land

Property Name Caliber Car Wash
Property Types Vehicle Related, Retail
Land Types Retail

Size & Value

Bldg. Size (Sq. Ft.) 4,000
Cap Rate 6.25%

Use & Status

Best Property Use This is an investment property

Unique Sale Issues

Type of Sale Real Estate Agency Sale




Address 2764 Chamblee Tucker Rd
City Atlanta
State GA
Postal Code 30341
Country USA

Call Me!

Phone 770.617.2149
Ad id: 71583978
Ad views: 1395