Retail    

ZIPS Car Wash

 Pensacola, FL

Asking Price

$4,190,142

Cap Rate

7.75%

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Year Built

2007

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Lease Type

Absolute NNN

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Square Feet

2,521 SF

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Land

.57 AC

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Tax-Free State | 1.50% Annual Rent Escalations | Corporate Guarantee
  • Heavily Trafficked Road | Robust Retail Corridor | <1 Mile to I-10 (81,734 VPD)
  • Strong Nearby Demographics | 3.35% Projected AHHI Growth | 5th Best Place to Live in FL
  • Rapid Industry Growth | 72% of Drivers Use Professional Car Washing Services
  • Eligible for Accelerated Depreciation & 60% Bonus Depreciation

Exclusively Listed By

Jim Ceresnak

Vice President
  jceresnak@northmarq.com      704.807.6452

Maxwell Eaton

Associate
  meaton@northmarq.com      704.935.7010

Jake Gajda

Analyst
  jgajda@northmarq.com   

In Association With
Michael Zimmerman

FL Lic. #BK3088542

Northmarq

1415 Vantage Park Drive | Suite 220
Charlotte, North Carolina 28203


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