2851 W Walnut St - Car Washes FOR SALE
Rogers, AR 72756 |
$3,428,571 USD
332-345-4220
2851 W Walnut St
Rogers, AR 72756
HIGHLIGHTS
- Long Term Absolute Triple-Net (NNN) Lease With 1.50% Annual Increases | The property is subject to a brand-new 20-year Absolute Triple-Net (NNN) lease
- Strengthened Zips Brand | Zips recently emerged from bankruptcy with a stronger financial position, improved operational efficiencies
- Low Price Point for Car Wash | The property is priced below replacement cost, with rent positioned competitively relative to the car wash industry
- Rogers MSA Location | Located in the thriving Rogers MSA, part of the fast-growing Northwest Arkansas region
OVERVIEW
Surmount is pleased to present the exclusive listing for a Zips Car Wash located at 2851 West Walnut Street, Rogers, AR 72756. The site consists of roughly 4,278 rentable square feet of building space on an estimated 1.6-acre parcel of land. This Zips Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 5/1/2025. The current annual rent is $240,000 and has scheduled increases of 1.50% annually starting in 2026.
FOR SALE DETAILS
PRICE
$3,428,571 USD
PRICE/SF
$801 USD /SF
CAP RATE
7%
% 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
C
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.6 AC
LAND SF
69,696 SF
ZONING
-
APN/PARCEL ID
02-00870-000
ASK ABOUT THIS PROPERTY
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332-345-4220
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332-345-4220
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