Commercial Real Estate North Carolina

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EXCLUSIVE LISTING

Zips Car Wash Portfolio

In Florida, Kansas, and North Carolina

INVESTMENT HIGHLIGHTS

  • Recently executed 20-year Absolute NNN lease with rare 1.50% annual rental increases
  • Zip Holdings LLC corporate guaranteed lease 
  • Zips Car Wash has over 120 stores and is growing, making it the 2nd largest tunnel car wash company in the US

Miramar, FL (Miami MSA)

PRICE: $2,834,000 | CAP RATE: 6.25%

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  • Unique dual lane staging area and vacuum station
  • Situated at the signalized, hard corner intersection of Pembroke Road and Palm Avenue (52,000 VPD)
  • Well positioned 1 mile south of Pembroke Pines neighborhood, the primary destination for retail shopping in the area featuring tenants such as a 24hr Walmart, Home Depot, Target, Trader Joe’s, Dick’s Sporting Goods, Publix, ALDI, Petco, Bed Bath & Beyond, Ross, TJ Maxx, and more

Derby, KS (Wichita MSA)

PRICE: $3,918,000 | CAP RATE: 6.50%

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  • Situated near the signalized, hard corner intersection of East 63rd St and Rock Rd (23,800 VPD)
  • Only 5 miles south of McConnel Air Force Base
  • Just north of a large neighborhood shopping center anchored by Target, Hobby Lobby, and Dillons Marketplace
  • Number of high profile developments were recently completed around the site

Winston-Salem, NC

PRICE: $5,267,000 | CAP RATE: 6.75%

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  • Located along Hanes Boulevard (18,000 VPD) | Positioned adjacent to the I-40 (71,000 VPD) on/off ramps, a major east/west route that runs from California to North Carolina
  • Situated as an outparcel to a Conn’s HomePlus center and a brand new Residence Inn by Marriott
  • Just two miles west of the 1.5M square foot Hanes Mall anchored by Belk and Macy’s
  • Other nearby national/credit tenants include Target, Hobby Lobby, Walmart, Lowe’s, Costco, Home Depot, Best Buy, and more 

 

EXCLUSIVELY MARKETED BY

Travis Fidel

First Vice President,
National Net Lease Group

 

travis.fidel@srsre.com

DL: 949.691.1114

M: 602.710.0545

CA License #01966187

Matthew Mousavi

Managing Principal,
National Net Lease Group

 

matthew.mousavi@srsre.com

DL: 949.698.1116

M: 714.404.8849

CA License #01732226

Patrick R. Luther, CCIM

Managing Principal,
National Net Lease Group

 

patrick.luther@srsre.com

DL: 949.698.1115

M: 480.221.4221

CA License #01209944

Broker of Record: Larry Goldman - KS License No. BR00032675, John Artope - FL License No. BK3172617, Mark Reeder - TX License No. 318755, Webb Sellers - TX License No. 589055, Robby Petty - NC License No. 246802?

SRSRE.COM  |  LINKEDIN  |  TWITTER  |  FACEBOOK

 

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