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| Price $3,600,632 | Built/Renov 2012 | Tenant Zips Car Wash |
| Cap Rate 7.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,038
| Lease Start
12-19-2017
| #Units
280
|
| Price/SF $987.23 | Expiration
06-30-2038
| Tenant Type Automotive |
| NOI $279,049 | R. Term 13.6 | Ownership Fee Simple |
| Rent/SF
$69.11
| Increases 1.5%/1/yrs | Pop 5Mi 53,780 |
| Lot/AC 0.76 | Options 6/5yrs/1.5% | AHHI 5Mi $72,976 |
| | |
Zips Car Wash is strategically located on S Willow Avenue, a major thoroughfare with access to 21,030 vehicles passing by daily. The property is also situated near I-40, which sees 58,071 VPD. Additionally, it is in close proximity to Tennessee Tech University, which serves over 10,000 students. The surrounding area features prominent national retailers, including Firestone, NAPA, Ace...
...Build to suit
Dense retail corridor
Near major nationals
Freeway close
Income tax free state
Absolute NNN
Long 10+ yr lease
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...
Carencro, LA
Cap Rate 6.90%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 3,027
Bonita Springs, FL
Cap Rate 7.25%
Lease NN+
R. Term 4.90 yrs
Size/SF 6,880
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
