This Property is no longer advertised on Showcase.com.
Off Market
1/7

Zips Car Wash
Moncks Corner, SC 29461


HIGHLIGHTS

  • Brand New 20 Yr. Absolute NNN Corp Lease at COE by Zips Car Wash, LLC- 150+ Locations in 15 States
  • RARE New Tax Advantage- 100% Bonus Depreciation Yr. 1 plus High/Low TI Basis for Maximum Yield
  • High Profile PAD to Walmart- Across from Food Lion on Hwy 52 (Main Retail Corridor) Dense Trade Area
  • 2nd Largest Tunnel Car Wash Company in the Nation- Aggressively Growing Brand (#1) Across the U.S.
  • True Amazon/Internet Proof Use- Huge Monthly Subscriptions (90k+ members) - Stable Balance Sheet
  • 1% Annual Bumps in Primary & Options- Owned by Several Major REIT’s- Strong Demo’s & Intrinsics

OVERVIEW

We are pleased to offer to qualified investors an opportunity to purchase an absolute NNN (fee simple) investment that is 100% leased to Zips Car Wash on a brand new 20 year corporate sale-leaseback that provides attractive 1% annual rental increases throughout the term. The subject property is positioned as an outparcel to a Walmart Supercenter with adjacent tenants; Zaxby’s, Wendy’s, Chick-fil-A Verizon, Food Lion and many more located in the immediate vicinity. This is an excellent opportunity to acquire an absolute NNN single tenant investment, leased to an internet resistant tenant, that provides long term passive income through a brand new 20 year lease with zero landlord responsibilities (coupon clipper asset).

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

New NNN Sale/Leaseback- PAD to Walmart

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

6653

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.6 AC AC

LAND SF

26,136 SF

ZONING

-

APN/PARCEL ID

123-00-04-123