Zips Car Wash | Moorhead, MN
±6.0-Year Absolute NNN Zips Car Wash | Moorhead, MN
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.
+ Situated on a hard corner at the signalized intersection of 28th Avenue South (5,082 VPD) and 34th Street South (11,767 VPD) and within feet of Interstate 94 (56,808 VPD). Immediately surrounded by Menards, Les Schwab Tire Center, Hardee’s, Circle K, First Community Credit Union, Waterstone Apartments (80 units), Horizon Shores Estates (80 units), Lakestone Apartments (90 units), South Shore Landing Apartments (93 units), Vista Center for Education, and the state-of-the-art Sanford Moorhead Campus medical facility.
+ Within a 3-mile radius, there are 2.9 MSF of retail, 1.9 MSF of office, and over 6,800 multifamily units. Educational uses in the surrounding area include Horizon Middle School East Campus (2,167 students), Minnesota State University Moorhead (enrollment: 4,410), and Minnesota State Community & Technical College Moorhead.
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