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| Price $6,347,650 | Built/Renov 2009 | Tenant Zips Car Wash |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,578
| Lease Start
11-15-2018
| #Units
280
|
| Price/SF $1,386.56 | Expiration
11-30-2038
| Tenant Type Automotive |
| NOI $428,465 | R. Term 13.11 | Ownership Fee Simple |
| Rent/SF
$93.59
| Increases 1.5%/1/yrs | Pop 5Mi 89,332 |
| Lot/AC 1.11 | Options 6/5yrs/1.5% | AHHI 5Mi $75,107 |
| | |
Zips Car Wash is strategically located on Challenger Avenue, with access to 38,000 vehicles passing by daily. The property boasts a convenient location as an outlot to Kroger, with nearby national retailers including Walmart Supercenter, Lowe’s, and more. Additionally, in close proximity, there is an industrial park housing tenants such as Advance Auto Parts, Elizabeth Arden, FedEx Ground,...
...Build to suit
Dense retail corridor
Near major nationals
Major MSA
Absolute NNN
Long 10+ yr lease
Accelerated depreciation
Annual rent increases
Corporate Guarantee
Over 100 Units backed
Zips Car Wash is the fastest-growing car wash company in the United States. They have over 280 locations in 25 states throughout the Southeastern and Central U.S. with approximately 1,600...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 4,157 | 30,398 | 88,810 |
| 2022 Total Population : | 4,099 | 30,368 | 88,968 |
| 2022 Employed Civilian Pop : | 2,146 | 15,348 | 42,713 |
| 2022 Total Businesses : | 142 | 871 | 3,843 |
| 2022 Average Household Income : | $ 116,993 | $ 89,056 | $ 76,996 |
| 2022 Total Consumer Spending : | $ 159 M | $ 975 M | $ 2487 M |
| 2022 Median Age : | 45 | 42 | 42 |
| 2022 Total Households : | 1,625 | 12,793 | 37,459 |
| 2022 Pop Age 25+: Bachelor's Degree : | 870 | 4,053 | 9,399 |
| 2022 Average Home Value : | $ 323,417 | $ 266,408 | $ 240,947 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Challenger Ave NE | Carson Rd | 2016 | 35,000 | 0.06 mi |
| 2013 | 5,800 | 0.10 mi | ||
| 2013 | 1,100 | 0.12 mi | ||
| Challenger Ave NE | Carson Rd | 2016 | 35,000 | 0.22 mi |
| Challenger Avenue Northeast | Carson Rd | 2018 | 35,000 | 0.22 mi |
| Challenger Avenue Northeast | Challenger Ave NE | 2018 | 35,000 | 0.23 mi |
| W Ruritan Rd | Blue View Dr | 2015 | 2,700 | 0.27 mi |
| W Ruritan Rd | Blue View Dr | 2015 | 2,500 | 0.34 mi |
| Carson Rd | Lake Back O Beyond Dr | 2016 | 1,900 | 0.41 mi |
| Carson Road | Lake Back O Beyond Dr | 2018 | 2,400 | 0.41 mi |
Roanoke, VA
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 4,578
Waco, TX
Cap Rate 6.85%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 4,500
Manassas, VA
Cap Rate 6.65%
Lease Abs NNN
R. Term 19.60 yrs
Size/SF 9,024
Riverside, CA
Cap Rate 6.50%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 6,208
White Plains, MD
Cap Rate 6.25%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 5,367
Tampa, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,712
Northglenn, CO
Cap Rate 6.25%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 6,572
Cumming, GA
Cap Rate 6.00%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 4,117
Bentonville, AR
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 5,800
Glendale, AZ
Cap Rate 6.25%
Lease Abs NNN
R. Term 19.60 yrs
Size/SF 5,897
Fairfax, VA
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.11 yrs
Size/SF 4,924
Lake Worth Beach, FL
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 3,900
Bentonville, AR
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 5,968
Hialeah Gardens, FL
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 3,824
Orlando, FL
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 3,200
DeBary, FL
Cap Rate 6.75%
Lease Abs NNN
R. Term 17.80 yrs
Size/SF 3,211
Roanoke, VA
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.11 yrs
Size/SF 5,106
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
