Zips Car Wash | Louisville, KY
±6.0-Year Absolute NNN Zips Car Wash | Louisville, KY
Investment highlights
+ Leased to Zips Car Wash, one of the largest and fastest-growing express tunnel car wash operators in the United States, providing excellent brand recognition and operational synergy.
+ Features a hands-off, absolute NNN lease with ±6.0 years of term remaining and zero landlord responsibilities, offering a secure stream of predictable income with an inflation-resistant 2% annual rent escalation.
+ Positioned along Cane Run Road (36,800 VPD) and roughly 2.5 miles southwest of Interstate 264 (56,885 VPD). Within feet of Dollar Tree, Wellington Elementary School (418 students), Farnsley Middle School (973 students), Walgreens, Cane Run Station (152 units), and Lions Arms Apartments (56 units).
+ In total, there are 3.9 MSF of retail, 11.9 MSF of industrial, and 6,045 multifamily units within a 3-mile radius. Major retailers within the surrounding area include Roses Discount Store, Citi Trends, Big O Tires, McDonald’s, KFC, Wendy’s, Dunkin’, Rally’s, Taco Bell, Waffle House, and more.
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