The NNN Pro Group is pleased to present the exclusive listing for the Zips Car Wash located at 7773 Dixie Highway, Louisville, KY 40258. The site will consist of roughly 3,222 rentable square feet of building space on estimated 0.86-acre parcel of land. The Zips Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 12/28/2018. The initial annual rent will be $205,530 and is scheduled to increase by 1.00% annually throughout the base term and continuing through 6, 5-Year Options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 14 Years Remaining
✓ 1.00% Rental Increases Occurring Annually
✓ Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 50 Years
✓ This Property Qualifies for 15-Year Accelerated Depreciation as well as Bonus Depreciation
