1101 S Main St - Car Washes FOR SALE


Roswell, NM 88203
$3,897,600 USD
415-233-0819
1101 S Main St, Roswell, NM for Sale
$3,897,600 USD
Car Washes - FOR SALE
1/4
null | 7.5% Cap Rate

1101 S Main St
Roswell, NM 88203


HIGHLIGHTS

  • 100% Bonus Depreciation Eligible
  • Demonstrated Long-Term Tenant Commitment | ZIPS Refresh/Reinvestment Program
  • 1.50% Annual Rent Increases
  • High-Visibility Retail Corridor | Established Retail Trade Area
  • Long-Term Passive NNN Investment

OVERVIEW

Arsenal Real Estate Advisors is pleased to exclusively offer for sale a NNN-leased ZIPS Car Wash located at 1101 S Main Street in Roswell, New Mexico. The offering features approximately 13.8 years of remaining lease term, attractive 1.50% annual rent increases, and a highly visible location along US Highway 285 (South Main Street) with traffic counts exceeding ±22,000 vehicles per day. The property benefits from its position within a well-established retail corridor surrounded by national retailers including Albertsons, Walgreens, Starbucks, McDonald's, O'Reilly Auto Parts, and Wells Fargo. Roswell serves as the commercial and economic hub of Southeastern New Mexico and attracts more than 200,000 visitors annually, supporting a diverse base of retail, hospitality, and consumer spending throughout the market. The property has also recently undergone ZIPS' targeted Refresh/Reinvestment Program, demonstrating the tenant's continued commitment to the location and long-term operational performance. This property is part of a four-property ZIPS Car Wash portfolio and is included in a master lease structure alongside select companion assets. Contact Broker for additional information.

FOR SALE DETAILS

PRICE

$3,897,600 USD

PRICE/SF

$606 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ZIPS Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,170 SF

ZONING

C-2

APN/PARCEL ID

R004219,R006673

ASK ABOUT THIS PROPERTY

Hayden SalvasArsenal Real Estate AdvisorsMore Info
415-233-0819

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Hayden SalvasArsenal Real Estate AdvisorsMore Info
415-233-0819

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.