Overview

Description

This Zips Car Wash is located on Wards Road where traffic counts average 40,000 vehicles per day. Zips Car Wash is located cross the street from Walmart Supercenter and Sam’s Club, while other nearby retailers include Target, Michaels, Chick-Fil-A, Starbucks, PetSmart, Kohl’s, Old Navy, Ross Dress for Less, ALDI, Best Buy, Barnes & Noble and the River Ridge Mall (Dick’s, ULTA, TJ Maxx, Homegoods, JCPenny).
Lynchburg has been rated a “Top College Town” by Travel & Leisure and by USA Today. Lynchburg operates one of the top school systems in the state as it is home to five public/private colleges and universities. Located next to Zips Car Wash, Liberty University is one of the world’s largest Christian Universities, where total enrollment exceeds 135,000 and more than 700 programs are offered.

Highlights

• This Zips Car Wash is on a Triple Net lease with approximately 15 years remaining and 1.5% annual increases.
• Located next to Liberty University’s campus where total enrollment exceeds 135,000 and offers more than 700 programs. It is one of the world’s largest Christian universities.
• Car Washes Qualify for Bonus Depreciation via the Tax Cuts and Jobs Act of 2017. (Please consult your CPA.)
• Conveniently located across the street from Walmart Supercenter and Sam’s Club and is along Wards Road where traffic counts average 40,000 vehicles daily.
• Other nearby retailers include Target, Michaels, Chick-Fil-A, Starbucks, PetSmart, Kohl’s, Old Navy, Ross Dress for Less, ALDI, Best Buy, Barnes & Noble and the River Ridge Mall (Dick’s, ULTA, TJ Maxx, Homegoods, JC Penny).
• Great demographics with 5 mile population of 89,223 and average household income of $76,286.
• Zips Car Wash operates over 280 locations in 25 states under 3 brands.
• Lynchburg has been rated a “Top College Town” by Travel & Leisure and by USA Today. Lynchburg operates one of the top school systems in the state as it is home to five public/private colleges and universities, providing market stability.

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