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1101 S Main St - ZIPS Car Wash 6,430 SF Specialty Building Offered at $5,433,566 CAD at a 7.50% Cap Rate in Roswell, NM 88203



Investment Highlights
- 100% Bonus Depreciation Eligible
- 1.50% Annual Rent Increases
- Long-Term Passive NNN Investment
- Demonstrated Long-Term Tenant Commitment | ZIPS Refresh/Reinvestment Program
- High-Visibility Retail Corridor | Established Retail Trade Area
Executive Summary
Arsenal Real Estate Advisors is pleased to exclusively offer for sale a NNN-leased ZIPS Car Wash located at 1101 S Main Street in Roswell, New Mexico. The offering features approximately 13.8 years of remaining lease term, attractive 1.50% annual rent increases, and a highly visible location along US Highway 285 (South Main Street) with traffic counts exceeding ±22,000 vehicles per day. The property benefits from its position within a well-established retail corridor surrounded by national retailers including Albertsons, Walgreens, Starbucks, McDonald's, O'Reilly Auto Parts, and Wells Fargo. Roswell serves as the commercial and economic hub of Southeastern New Mexico and attracts more than 200,000 visitors annually, supporting a diverse base of retail, hospitality, and consumer spending throughout the market. The property has also recently undergone ZIPS' targeted Refresh/Reinvestment Program, demonstrating the tenant's continued commitment to the location and long-term operational performance. This property is part of a four-property ZIPS Car Wash portfolio and is included in a master lease structure alongside select companion assets. Contact Broker for additional information.
Property Facts
| Price | $5,433,566 CAD | Building Class | B |
| Price Per SF | $1,309.61 CAD | Lot Size | 0.85 AC |
| Sale Type | Investment NNN | Building Size | 4,149 SF |
| Cap Rate | 7.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2017 |
| Property Subtype | Car Wash | ||
| Zoning | C-2 | ||
| Price | $5,433,566 CAD |
| Price Per SF | $1,309.61 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 7.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.85 AC |
| Building Size | 4,149 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Zoning | C-2 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $325,268 CAD | |
| Land Assessment | $43,182 CAD | Total Assessment | $368,450 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$43,182 CAD
Improvements Assessment
$325,268 CAD
Total Assessment
$368,450 CAD
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Arsenal Real Estate Advisors
1101 S Main St - ZIPS Car Wash
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