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2851 W Walnut St - Zips Car Wash 4,278 SF Specialty Building Offered at $4,713,497 CAD at a 7% Cap Rate in Rogers, AR 72756
INVESTMENT HIGHLIGHTS
- Long Term Absolute Triple-Net (NNN) Lease With 1.50% Annual Increases | The property is subject to a brand-new 20-year Absolute Triple-Net (NNN) lease
- Low Price Point for Car Wash | The property is priced below replacement cost, with rent positioned competitively relative to the car wash industry
- Strengthened Zips Brand | Zips recently emerged from bankruptcy with a stronger financial position, improved operational efficiencies
- Rogers MSA Location | Located in the thriving Rogers MSA, part of the fast-growing Northwest Arkansas region
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Zips Car Wash located at 2851 West Walnut Street, Rogers, AR 72756. The site consists of roughly 4,278 rentable square feet of building space on an estimated 1.6-acre parcel of land. This Zips Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 5/1/2025. The current annual rent is $240,000 and has scheduled increases of 1.50% annually starting in 2026.
PROPERTY FACTS
| Price | $4,713,497 CAD | Building Class | C |
| Price Per SF | $1,101.80 CAD | Lot Size | 1.60 AC |
| Sale Type | Investment | Building Size | 4,278 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2005 |
| Property Subtype | Car Wash |
| Price | $4,713,497 CAD |
| Price Per SF | $1,101.80 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 4,278 SF |
| No. Stories | 1 |
| Year Built | 2005 |
PROPERTY TAXES
| Parcel Number | 02-00870-000 | Improvements Assessment | $263,978 CAD |
| Land Assessment | $199,520 CAD | Total Assessment | $463,498 CAD |
PROPERTY TAXES
Parcel Number
02-00870-000
Land Assessment
$199,520 CAD
Improvements Assessment
$263,978 CAD
Total Assessment
$463,498 CAD
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2851 W Walnut St - Zips Car Wash
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