2806 Patterson St - Car Washes FOR SALE


Greensboro, NC 27407- Hewitt Area
$4,060,000 USD
415-233-0819
2806 Patterson St, Greensboro, NC for Sale
$4,060,000 USD
Car Washes - FOR SALE
1/5
null | 7.5% Cap Rate

2806 Patterson St
Greensboro, NC 27407
Hewitt Area


HIGHLIGHTS

  • 100% Bonus Depreciation Eligible
  • Strategic Reinvestment in an Established Location | Complete Q3 2026
  • High-Traffic Thoroughfare (±54,000 VPD)
  • 1.50% Annual Rent Increases
  • Built-In Upside with 1.79 Acres of Excess Land
  • 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 2806 Patterson Street in Greensboro, North Carolina. The offering features approximately 13.8 years of remaining lease term, attractive 1.50% annual rent increases, and a highly visible location along South Holden Road with traffic counts exceeding ±54,000 vehicles per day. The property benefits from its position near Interstate 40 and downtown Greensboro, providing excellent accessibility within one of the Piedmont Triad's primary commercial corridors. Greensboro represents a strategically important market for ZIPS Car Wash, with 31 locations throughout North Carolina, including 7 locations across the Greensboro–Winston-Salem MSA, supporting the company's membership-based operating model through market density and regional scale. ZIPS has also committed approximately $300,000 toward a Refresh Program scheduled for completion in Q3 2026, further demonstrating its long-term commitment to the location. The property also includes approximately 1.79 acres of excess land, providing additional long-term strategic value and future flexibility. Contact Broker for additional information.

FOR SALE DETAILS

PRICE

$4,060,000 USD

PRICE/SF

$908 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

2016

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

Commercial (HI)

APN/PARCEL ID

0017899

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.