wash barn car wash - mableton, ga - sands investment group · encourages all potential interested...

1

OFFERING MEMORANDUMOwner-User Investment Opportunity

620 Veterans Memorial Highway | Mableton, GA 30126

2EXCLUSIVELY MARKETED BY:

LUKE WAKEFIELDLic. # 361563

770.800.3035 | DIRECT

[email protected]

© 2019 Sands Investment Group (SIG). The information contained in this ‘Offering Memorandum,’ has been obtained from sources believed to be reliable. SandsInvestment Group does not doubt its accuracy, however, Sands Investment Group makes no guarantee, representation or warranty about the accuracy contained herein.It is the responsibility of each individual to conduct thorough due diligence on any and all information that is passed on about the property to determine it’s accuracy andcompleteness. Any and all projections, market assumptions and cash flow analysis are used to help determine a potential overview on the property, however there is noguarantee or assurance these projections, market assumptions and cash flow analysis are subject to change with property and market conditions. Sands Investment Groupencourages all potential interested buyers to seek advice from your tax, financial and legal advisors before making any real estate purchase and transaction.

In Cooperation with Sands Investment Group Atlanta, LLC Lic. #H-67374

1501 Johnson Ferry Road, Suite 200Marietta, GA 30062

844.4.SIG.NNN

www.SIGnnn.com

GRAHAM OFFICERLic. # 377959

770.742.6990 | [email protected]

ANDREW ACKERMANLic. # 311619

770.626.0445 | DIRECT

[email protected]

3TABLE OF CONTENTS

Actual Property Image

Area OverviewCity OverviewDemographics

Investment OverviewInvestment SummaryInvestment Highlights

Property OverviewLocation MapAerial MapRetail Map


4INVESTMENT SUMMARY

OFFERING SUMMARY

PRICE $790,000

GROSS SALES $295,033.12

PRICE PER SF $218.17

PROPERTY SUMMARY

ADDRESS 620 Veterans Memorial Hwy

Mableton, GA 30126

COUNTY Cobb

BUILDING AREA 3,621 SF

LAND AREA 0.76 AC

Sands Investment Group is Pleased to Offer For Sale the Wash Barn Car Wash Located at 620 Veterans Memorial Hwy inMableton, Georgia. This Building is 3,621 SF on 0.76 Acres of Land.


5HIGHLIGHTS

Long Term Operating History

Two Sources of Income from Express Washand Emissions Testing

Excellent Visibility With Traffic Counts Exceeding30,000 VPD

Strong Projected 5 Year Population Growth of Nearly7% Within 1-Mile of Subject

Fully Operational Express Car Wash

Nearby Tenants Include: Advance Auto Parts, CaptainD’s, Jiffy Lube, Aaron’s, Burger King, Enterprise Rent-A-Car and Papa John’s Pizza

Mableton is Within the Atlanta-Sandy Springs-Rowell,Georgia Metropolitan Statistical Area

6


OWNER | USER OPPORTUNITY


7

South Cobb Community Center

Sam’s Used Parts

Full Throttle Auto Services

Trinity Tabernacle Baptist Church

Cole Automatic Transmission EZ Collision

Center

Brake City

Georgia Motorcycle

Depot

Sonko Tires Surplus

Amazing Cakes Bakery

A & P Auto

Brokers

Family Dentistry


8


Aust

ell R

d.

9CITY OVERVIEW

Mableton, GA Economy Contemporary LifeMableton is a census-designated place in CobbCounty in the state of Georgia. The city’s 2017estimate census is about 37,115 residents. WhenBrookhaven became a city in December 2012,Mableton became the largest unincorporatedcommunity in Metro Atlanta. Cobb County is asuburban located right outside the city limits ofAtlanta. As of 2017, the county’s population was755,754 residents, making it Georgia's third most-populous county. Cobb County is included in theAtlanta-Sandy Springs-Rosewell, GA MetropolitanStatistical Area. Niche.com voted the city of Mabletonas one of the “Top 10 2016 Best Suburbs to Live inGeorgia”.

Due to the cities close proximity, Atlanta’s economyaffect’s the city of Mableton. The Atlanta metro hasthe fifth largest population in the U.S. It is consideredto be a top business city and a primary transportationhub of the Southeastern U.S. With a GDP of $304billion, the Atlanta metropolitan area’s economy is the8th largest in the county and the 17th-largest in theworld. Corporate operations play a major role inAtlanta’s economy, as the city claims the nation’s third-largest concentration of Fortune 500 companies. Italso hosts the global headquarters of corporations likethe Coca-Cola Company, The Home Depot, UPS,Delta Air Lines, AT&T Mobility, Chick-fil-A, and TurnerBroadcasting.

The city of Mableton is just a few minutes away fromSix Flags Over Georgia, which is a sprawlingamusement park featuring high-speed roller coasters &water attractions, plus kids' rides. The city is also hometo the Sweetwater Creek State Park, which is ahistorical wooded state park offering hiking, picnicking,boating, fishing & GeoCaching. Mableton is also hometo the Silver Comet Trail, which is a rail trail in west-northwestern Georgia. Atlanta is about 14 miles awayfrom Mableton, which is a short 20 minute drive,making it the perfect day trip city. Atlanta is home tothe Coca-Cola Museum, the Georgia Aquarium, theCentennial Olympic Park, numerous shoppingopportunities, and unique dining experiences.

MABLETON, GEORGIA ATLANTA, GEORGIA GEORGIA AQUARIUM

Mableton | Cobb County | Georgia

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Population

Average Household Income

6,487 66,145 152,555

$69,208 $79,807 $81,926

DEMOGRAPHICS

1-MILE 3-MILE 5-MILE

1-MILE 3-MILE 5-MILE


(24,850 VPD)(31,750 VPD

)


PebblebrookHigh School

Clay Elementary School

Lindley Middle School

Mableton Middle School

Harmony-Leland Elementary School

11CONFIDENTIALITY AGREEMENT

The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only

by the party receiving it from Sands Investment Group and should not be made available to any other person or entity without the writtenconsent of Sands Investment Group.

This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only

a preliminary level of interest in the subject property.

The information contained herein is not a substitute for a thorough due diligence investigation, and makes no warranty or representation,

with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and

square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance

with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of

any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.

The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, Sands

Investment Group has not verified, and will not verify, any of the information contained herein, nor has Sands Investment Group conducted

any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of

the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of confidential nature, that you will hold and treat it

in the strictest confidence and that you will not disclose its contents in any manner detrimental to the interest of the Owner. You also agree

that by accepting this Memorandum you agree to release Sands Investment Group and hold it harmless from any kind of claim, cost,

expense, or liability arising out of your investigation and/or purchase of this property.

12

EXCLUSIVELY MARKETED BY:


ANDREW ACKERMANLic. # 311619


In Cooperation with Sands Investment Group Atlanta, LLC Lic. #H-67374

1501 Johnson Ferry Road, Suite 200Marietta, GA 30062

844.4.SIG.NNN

www.SIGnnn.com

GRAHAM OFFICERLic. # 377959



LUKE WAKEFIELDLic. # 361563


wash barn car wash - mableton, ga - sands investment group · encourages all potential interested...

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