Zips Car Wash Portfolio

Portfolio: Texas, Louisiana, Oklahoma & Florida
Deal Type:
Net Lease
Price:
$22,592,571
Cap Rate:
7%
Current Rent:
$1,581,480
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 19 years
Renewal Options:
Six, 5-year
Rent Increases:
Annual

Investment Highlights

  • Corporate absolute triple net lease structure with 19 years remaining on term
  • Attractive annual rent increases | Next increase in July 2020
  • No landlord responsibilities
  • Internet-resistant business – Tenant has 179 locations and is growing
  • Tax-free state
  • Available as a Portfolio or Individually

Listing Agents

Graham Gold

Vice President
314 324 8792
graham@stream-cp.com

Connor Shell

Managing Director
407 913 9009
connor@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
jordan@stream-cp.com

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