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33860027
33860001

3410 28TH AVE S, MOORHEAD, MN 56560-7909

TC
GA 374849
CBRE Atlanta
BP
GA 349355
CBRE - Atlanta
CB
GA GA 248342
CBRE - Atlanta
CBRE - Minneapolis
Listed by CBRE Atlanta, CBRE - Atlanta, CBRE - Minneapolis
$2,644,100
10 days on market
Updated 10 days ago

Zips Car Wash | Moorhead, MN

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 4,734
Cap Rate 7.75%
NOI $204,913
Occupancy 100%
Tenancy Single
Brand/Tenant Zips Car Wash
Lease Type Absolute NNN
Lease Term 7
Lease Expiration 05/31/2032
Remaining Term 5.9
Rent Bumps Yes
Lease Options Six, 5-year
Price per SqFt $559
Year Built 2018
Buildings 1
Acreage 1.000
Parking Spaces 15 spaces
Parking per 1,000 SqFt 3.17
Lease Commencement 05/02/2025
Ground Lease No

±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.

Listing Contacts

TC
GA 374849
CBRE Atlanta
BP
GA 349355
CBRE - Atlanta
CB
GA GA 248342
CBRE - Atlanta
CBRE - Minneapolis
Listed by CBRE Atlanta, CBRE - Atlanta, CBRE - Minneapolis

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$204,913.00
$17,076.08/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

Map

Zoning

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MU4 MixedMixed UseGateway Mixed Use
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Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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