Retail    

ZIPS Car Wash

 Shreveport, LA

Asking Price

$2,898,551

Cap Rate

6.90%

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Year Built

2017

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Lease Type

Absolute NNN

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Square Feet

4,025 SF

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Land

0.85 AC

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Long-Term Lease | 1.50% Annual Rent Escalations | Corporate Guarantee
  • Frontage on Youree Dr | +/- 33,000 VPD | Main Retail Corridor in South Shreveport
  • Proximity to Top-Performing Walmart in the State | 93rd Percentile of Walmarts in LA
  • Strong Surrounding Demographics | 1.39% Annual Population Growth since 2020
  • 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
Brad Pepin

LA Lic. #0995687899

Northmarq

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


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