Zips Car Wash
Annual Rent Increase | Attractive Population Density | Absolute Net Lease
Investment highlights
• Desirable lease term | 12.5 years remaining
• Annual rent increases of 1.50% provide steady NOI growth and a built-in hedge against inflation
• Corporate lease | Zips Car Wash, LLC | 211 locations across the U.S.
• Great visibility from Wards Rd (US-29) | 30,000 VPD
• Across the street from a top performing Walmart Supercenter | Ranks in the 94th percentile nationwide via Placer.ai
• Located inside of dense retail corridor | 3.3M SF within a 2-mile radius
• Stable population growth within 3-miles | 13.75% from ’10-‘25
• Attractive population density within a 5-mile radius | 91,347 residents
• Large industrial presence nearby | 2.9M SF of space within a 2-mile radius
• 15 minutes from Centra Lynchburg General Hospital | 517 beds
• Positioned adjacent to Liberty University | Home to over 16,000 on campus students generating steady year-round traffic
• 5 minutes from Heritage High School | 1,817 students
• 5 minutes from Lynchburg Regional Airport
• Nearby Destination Retailers: Walmart Supercenter, Target, ALDI, Kroger, Food Lion, Lowe’s, Home Depot, Best Buy, Kohl’s, Burlington, PetSmart, Staples, Sam’s Club, Texas Roadhouse, Olive Garden, LongHorn Steakhouse, First Watch, Chick-fil-A, Starbucks, Panda Express, Sheetz, 7 Brew, Cook Out, KFC, Popeyes, Subway, Arby’s,
and more
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