Zips Car Wash | Triple Net (NNN) Lease

Highlights:

• Long Term 17 Year Triple Net (NNN) Corporate Backed Lease
• Zero Landlord Responsibilities
• High Visibility on Prominent Retail Corridor With Multiple Points of Entry and a High Traffic Count of Over 44,955 VPD
• Excellent Demographics With a Population of 45,821 Residents Making an Average Household Income of $76,554 Within a 3-Mile Radius
• Located 4-Miles From the University of Tennessee College Campus, Medical Center and Research Park; The College Serves Over 25,000 Students and Staff
• Minutes From West Town Mall With National Tenants Including: PetSmart, Kohl’s, Bed Bath & Beyond, JCPenney, Dillard’s, Belk and Several Restaurants
• Situated Less Than 1-Mile From I-75 and I-40 Which Sees Over 141,500 VPD
• Property is Adjacent to the Bearden Elementary School (374 Students) and Knoxville Adaptive Education Facility (90 Students)
• Less Than 1-Mile to the Cherokee Country Club; Founded in 1907, it Provides Its Members With an 18-Hole Golf Course, Tennis, Fitness and Many Dining Options
• Knoxville is the Third Largest City in Tennessee and is Home to the University of Tennessee, TN Valley Authority, TN Supreme Courthouse; It is Also Known For Being One of the Gateways to the Great Smoky Mountain National Park in the Appalachian Region
• Nearby Tenants Include: Talbots, Sherwin-Williams, Sonic, Firestone, Food City, ALDI, Walgreens, Burger King, Twin Peaks, Krispy Kreme and Whole Foods

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 2,924 SF Zips Car Wash Located at 5615 Kingston Pike in Knoxville, TN. With 17 Years Remaining on a Triple Net (NNN) Lease and Attractive Rent Increases, This Opportunity Provides For a Best-in-Class Investment With Income Growth of an Established Tenant in a Desirable Tennessee Market.

In Cooperation With Sands Investment Group Tennessee, LLC
BoR: Kaveh Ebrahimi – Lic. #263973

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