Zips Car Wash
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 2806 Patterson Street in Greensboro, North Carolina. The offering features approximately 13.8 years of remaining lease term, attractive 1.50% annual rent increases, and a highly visible location along South Holden Road with traffic counts exceeding ±54,000 vehicles per day. The property benefits from its position near Interstate 40 and downtown Greensboro, providing excellent accessibility within one of the Piedmont Triad's primary commercial corridors. Greensboro represents a strategically important market for ZIPS Car Wash, with 31 locations throughout North Carolina, including 7 locations across the Greensboro–Winston-Salem MSA, supporting the company's membership-based operating model through market density and regional scale. ZIPS has also committed approximately $300,000 toward a Refresh Program scheduled for completion in Q3 2026, further demonstrating its long-term commitment to the location. The property also includes approximately 1.79 acres of excess land, providing additional long-term strategic value and future flexibility. Contact Broker for additional information.
Investment highlights
- 100% Bonus Depreciation Eligible
- Strategic Reinvestment in an Established Location | Complete Q3 2026
- High-Traffic Thoroughfare (±54,000 VPD)
- 1.50% Annual Rent Increases
- Built-In Upside with 1.79 Acres of Excess Land
- Long-Term Passive NNN Investment
- Strong Regional Economy within North Carolina’s Piedmont Triad
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