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| Price $3,608,787 | Built/Renov 2006 | Tenant Zips Car Wash |
| Cap Rate 7.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,628
| Lease Start
12-19-2017
| #Units
280
|
| Price/SF $863.32 | Expiration
06-30-2038
| Tenant Type Automotive |
| NOI $279,681 | R. Term 13.6 | Ownership Fee Simple |
| Rent/SF
$60.43
| Increases 1.5%/1/yrs | Pop 5Mi 161,763 |
| Lot/AC 1.00 | Options 6/5yrs/1.5% | AHHI 5Mi $107,566 |
| | |
Zips Car Wash is strategically located on North Germantown Parkway, a major thoroughfare with access to a daily traffic count of 30,636 vehicles. The property is surrounded by prominent national retailers, including Kroger, HomeGoods, Marshalls, ALDI, Starbucks, Five Below, AutoZone, and more. The 5-mile trade area serves a population of 161,763 with an affluent average household income of...
...Build to suit
Dense retail corridor
Near major nationals
Freeway close
Top 100 MSA
Income tax free state
Absolute NNN
Accelerated depreciation
Annual rent increases
Corporate Guarantee
Zips Car Wash, headquartered in Plano, Texas, operates over 280 locations in 25 states under the brands Zips Car Wash, Rocket Express Car Wash, and Jet Brite Car Wash. With nearly 20 years in the...
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Size/SF 6,880
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
