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34398217
34398216

126 Cole Lane, Winchester, VA 22602

JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California
$4,694,167
1 day on market
Updated 1 day ago

126 Cole Lane

Details
Property Type Retail, Special Purpose
Sub Type Car Wash
Square Footage 5,938
Cap Rate 6.75%
NOI $316,856
Tenancy Single
Brand/Tenant Go Car Wash
Lease Type Absolute NNN
Lease Expiration 11/30/2041
Remaining Term 15.4
Rent Bumps Yes
Lease Options 5 - 5 Year Option Periods 1.5% Annual Rent Increases
Acreage 1.240
Investment Type Net Lease
Lease Commencement 11/30/2021
Ground Lease No

Single Tenant Absolute NNN Car Wash

Marketing description

GO Car Wash is one of the fastest-growing express car wash platforms in the United States. Founded in 2019 and headquartered in Greenwood Village (Denver metro), Colorado, the company was established with a clear mandate: to build a premier, multi-regional express car wash brand through aggressive corporate acquisitions and strategic ground-up developments.

The company specializes in the highly lucrative Express Exterior Car Wash model, which features high-efficiency tunnel washes paired with free self-service vacuum bays. This operation relies heavily on a high-margin, recurring revenue stream driven by their robust "unlimited wash" subscription membership program, ensuring stable, predictable site level cash flows regardless of economic cycles.

GO Car Wash is backed by substantial institutional capital, primarily funded by private equity firm Imperial Capital, which enables the brand to scale rapidly, modernizing older washes with cutting-edge, eco-friendly water reclamation technology and premium ceramic coating services.

Investment highlights

• LONG TERM ABSOLUTE NNN LEASE INVESTMENTS

• 15 + LEASE YEARS REMAINING W/ 1.5% ANNUAL INCREASES

• CLOSE PROXIMITY TO MILLBROOK HIGHSCHOOL AND SHENANDOAH UNIVERSITY

• STRONG DEMOGRAPHICS WITH OVER $106,000 IN AHHI

• 100% BONUS DEPRECIATION – (CONSULT WITH YOUR TAX ADVISOR)

• GAS STATIONS, CAR WASHES AND C-STORES CAN QUALIFY FOR 100% BONUS DEPRECIATION

WHICH WAS REINSTATED IN JANUARY OF 2025 THROUGH THE (OBBB) ACT.

• ANNUAL RENT INCREASES DURING INITIAL TERM AND OPTIONS

• ZERO LANDLORD RESPONSIBILITIES - IDEAL FOR INVESTORS SEEKING 100% PASSIVE CASH

FLOWS

• GO CAR WASH OPERATES 156 LOCATIONS ACROSS THE US SPANNING 8 STATES INCLUDING

CALIFORNIA, OREGON, NEVADA, TEXAS, KANSAS, MISSOURI, VIRGINIA, AND NEW YORK

Listing Contacts

JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$316,856.00
$26,404.67/mo

Valuation Metrics

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DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Zoning

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B2 CommercialGeneral CommercialGeneral Business District
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Last updated Feb 17, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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