Zips Car Wash
Rock Hill, South Carolina
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The NNN Pro Group is pleased to present the exclusive listing for the Zips Car Wash located at 2178 North Cherry Road, Rock Hill, SC 29732. The site will consist of roughly 3,246 rentable square feet of building space on estimated 0.95-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 is $415,149 and is scheduled to increase by 1.00% annually throughout the base term and continuing through 6, 5-Year Options.
About the Investment:
✓ 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
Talk to the pros
Andrew Darby
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