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.
+ High-performing site with individual sales volumes that currently exceed the percentage rent threshold. While this additional revenue is not realized under the existing master lease structure, its future separation into a standalone lease is expected to unlock significant percentage rent upside.
+ Located along Dixie Highway (58,622 VPD) and less than 1 mile southwest of Interstate 264 (85,042 VPD). Zips is immediately surrounded by Applebee’s Grill & Bar, Scooter’s Coffee, Taco Bell, Bank of America, and Speedway.
+ Within a 3-mile radius, there are 5.2 MSF of retail, 1.1 MSF of office, 9.0 MSF of industrial, and 10,100+ multifamily units. The retail corridor is home to major national brands including Kroger Marketplace, ALDI, Goodwill, Walgreens, AutoZone, Advance Auto Parts, McDonald’s, Zaxbys, Wendy’s, Panda Express, Dunkin’, and more.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?





































