Commercial Real Estate Texas

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EXCLUSIVE LISTING

Zips Car Wash

The Colony, TX (Dallas MSA)

INVESTMENT HIGHLIGHTS

  • Recently executed 20-year Absolute NNN lease with rare 1.50% annual rental increases
  • Zip Holdings LLC corporate guaranteed lease 
  • Zips Car Wash has over 120 stores and is growing, making it the 2nd largest tunnel car wash company in the US
  • Located along Main St (42,400 VPD), a major north/south commuter thoroughfare
  • Situated just half a mile west of The Colony Five Star Complex, an 80-acre state-of-the art sports facility that attracts a huge number of sports fan and athletes to the area
  • Near national/credit tenants that include Walgreens, The Home Depot, Ross, O’Reilly, CVS, and more

 

PRICE: $4,062,000 | CAP RATE: 6.50%

EXCLUSIVELY MARKETED BY

Travis Fidel

First Vice President,
National Net Lease Group

 

travis.fidel@srsre.com

DL: 949.691.1114

M: 602.710.0545

CA License #01966187

Matthew Mousavi

Managing Principal,
National Net Lease Group

 

matthew.mousavi@srsre.com

DL: 949.698.1116

M: 714.404.8849

CA License #01732226

Patrick R. Luther, CCIM

Managing Principal,
National Net Lease Group

 

patrick.luther@srsre.com

DL: 949.698.1115

M: 480.221.4221

CA License #01209944

Broker of Record: Mark Reeder - TX License No. 318755

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