Zips Car Wash

9310 Mansfield Rd, Shreveport, LA
Price:
$4,076,485
Cap Rate:
7.00%
Current Rent:
$285,354
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 19 years
Renewal Options:
Six, 5-year options
Building Sq. Ft.:
4,786
Rent Increases:
Lesser of 1.5% or 1.25x CPI
Site Size:
0.85 acres

Investment Highlights

  • High traffic location with exposure to over 33,300 VPD
  • Located in dense retail submarket anchored by Walmart and Lowe’s among other national tenants such as Kroger, Brookshire’s, CVS, Walgreens, and Whataburger
  • Corporate absolute triple net lease structure with over 18 years remaining on term
  • Attractive annual rent increases | Next increase in July 2020
  • No landlord responsibilities

Listing Agents

Connor Shell

Vice President
407 913 9009
Connor@stream-cp.com

Graham Gold

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

Jordan Shtulman

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

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