Last updated on April 22nd, 2024

Zips Car Wash

$7,999,500

3805 Wards Road, Lynchburg, Virginia 24502


Documents
Building Size4,456 Square Feet
Land Size0.94 Acres
Zoning-
Year Built2015
  • 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.

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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