B+E sells Atlanta Caliber Car Wash for $4.3M, full asking price

Industry: Real Estate

B+E, the first brokerage and technology platform for net lease real estate, today announced the sale of the new Caliber Car Wash property located at 1047 Windy Hill Road Southeast in Smyrna, Georgia (Atlanta MSA) for $4,321,410.

Atlanta, GA (PRUnderground) October 26th, 2021

B+E, the first brokerage and technology platform for net lease real estate, today announced the sale of the new Caliber Car Wash property located at 1047 Windy Hill Road Southeast in Smyrna, Georgia (Atlanta MSA) for $4,321,410.

The NNN car wash property carries a brand new 20-year lease with annual rental escalations.

“We generated multiple offers on this property in a matter of days and ultimately closed with a local Atlanta buyer looking to satisfy a 1031 exchange,” said Jim Ceresnak, Associate Director at B+E. “Demand for new express car wash real estate continues to be very high and should remain high through the end of the year.”

B+E facilitated a smooth transaction for the seller and secured the full asking price for the asset. The transaction was efficiently executed in this highly-competitive car wash market.

For more information or other car wash property inquiries, contact Jim Ceresnak at jceresnak@tradenetlease.com or go to www.tradenetlease.com

About B+E

B+E is a modern investment brokerage firm, specializing in net lease real estate. The firm helps clients buy and sell single tenant real estate. Founded by deeply experienced brokers, B+E redefines trading through an intuitive end-to-end transaction platform consisting of user-friendly dashboards and an AI-driven exchange ā€” all leveraging the largest data set in the net lease industry.

Complementing senior talent with exceptional technology, B+Eā€™s proprietary process affords greater speed, unrivaled transaction efficiencies, and stronger asset value. With offices in New York City, Chicago, Atlanta, Tampa, Charlotte, Orange County, San Francisco, and Dallas, its brokers trade property for clients across the US. B+E allows virtually anyone to confidently trade net lease real estate.

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