Last updated on July 29th, 2024
Zips Car Wash
$7,999,500
3805 Wards Road, Lynchburg, Virginia 24502
Building Size | 4,456 Square Feet |
Land Size | 0.94 Acres |
Zoning | - |
Year Built | 2015 |
- This Zips Car Wash is on a Triple Net lease with 14+ 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.