Zips Car Wash

$

4,060,000

7.50%
Cap Rate

Location

Greensboro, NC

Property Overview

Tenant
Zips Car Wash
Address
2806 Patterson St, Greensboro, NC 27407
Credit Rating
Not Rated
NOI
$304,500
Lease Type
Absolute NNN
Rent Increases
1.50% Annually
Remaining Lease Term
+/- 14 Years
Building Size
4,340 SF
Land AC
3.28 AC
Parking
29 Spaces
Property Type
Car Wash
Year Built
2016

Investment Highlights

100% Bonus Depreciation Eligible
Strategic Reinvestment in an Established Location
Strategic Location on High-Traffic Thoroughfare (±54,000 VPD)
1.50% Annual Rent Increases
Built-In Upside with 1.79 Acres of Excess Land
Strong Regional Economy within North Carolina’s Piedmont Triad
Long-Term Passive NNN Investment
ZIPS | National Car Wash Operator

1.50%

Annual Rent Increases

+/- 54k VPD

High Traffic

Absolute NNN

Lease Type

Listing Brokers

NC #329644
Scott Scurich
Managing Partner
CA #02092776
Hayden Salvas
Partner

For general inquiries, please reach out!

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