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33521872
33521869

1101 S MAIN ST, ROSWELL, NM 88203

HS
CA CA 02092776
Arsenal Real Estate Advisors
SS
CA 02116683, UT 14240070-PB00 (+3)
Arsenal Real Estate Advisors
Listed by Arsenal Real Estate Advisors
$3,897,600
9 days on market
Updated 4 days ago

Zips Car Wash

Details
APN 4-136-062-025-465-000000
Property Type Retail, Special Purpose
Sub Type Car Wash
Square Footage 4,149
Units 1
Cap Rate 7.5%
NOI $292,320
Occupancy 100%
Tenancy Single
Brand/Tenant Zips Car Wash
Lease Type NNN
Lease Term 15
Lease Expiration 03/31/2040
Remaining Term 13.8
Rent Bumps Yes
Lease Options 6, 5-Year
Broker Co-Op True
Year Built 2017
Acreage 0.850
Parking Spaces 16 spaces
Parking Per SqFt 3.86
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/2025
Ground Lease No
Ownership Fee Simple

7.50% Cap | NNN Lease | Refresh Location

Marketing description

Arsenal Real Estate Advisors is pleased to exclusively offer for sale a NNN-leased ZIPS Car Wash located at 1101 S Main Street in Roswell, New Mexico. The offering features approximately 13.8 years of remaining lease term, attractive 1.50% annual rent increases, and a highly visible location along US Highway 285 (South Main Street) with traffic counts exceeding ±22,000 vehicles per day. The property benefits from its position within a well-established retail corridor surrounded by national retailers including Albertsons, Walgreens, Starbucks, McDonald's, O'Reilly Auto Parts, and Wells Fargo. Roswell serves as the commercial and economic hub of Southeastern New Mexico and attracts more than 200,000 visitors annually, supporting a diverse base of retail, hospitality, and consumer spending throughout the market. The property has also recently undergone ZIPS' targeted Refresh/Reinvestment Program, demonstrating the tenant's continued commitment to the location and long-term operational performance. This property is part of a four-property ZIPS Car Wash portfolio and is included in a master lease structure alongside select companion assets. Contact Broker for additional information.

Investment highlights

  • 100% Bonus Depreciation Eligible
  • Demonstrated Long-Term Tenant Commitment | ZIPS Refresh/Reinvestment Program
  • 1.50% Annual Rent Increases
  • High-Visibility Retail Corridor | Established Retail Trade Area
  • Long-Term Passive NNN Investment
  • Regional Retail & Economic Hub
  • ZIPS | National Car Wash Operator

Listing Contacts

HS
CA CA 02092776
Arsenal Real Estate Advisors
SS
CA 02116683, UT 14240070-PB00 (+3)
Arsenal Real Estate Advisors
Listed by Arsenal Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$292,320.00
$24,360.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

Map

Zoning

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C-2 CommercialNeighborhood CommercialCommunity Commercial District
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Last updated Dec 10, 2025 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Kristen Zimmerman
License
NM #20528
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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