Zips Car Wash

Strong Lease:

• Triple Net Lease with 13+ years remaining
• 1.5% annual rent increases
• Solid Rent Coverage

Tax Advantages:

• Potential for 60% Bonus Depreciation through the Tax Cuts and Jobs Act of 2017 (Consult your CPA)
• Tennessee has No State Income Tax

Prime Location:

• Situated on Willow Ave N, a major thoroughfare connecting Interstate 40 and downtown Cookeville
• High traffic visibility with an average of 21,030 vehicles per day

Strong Demographics

• 5-mile population: 53,780
• Average household income: $72,976

Thriving Market:

• Strong retail presence featuring national brands like Hobby Lobby, TJMaxx, Home Goods, Starbucks, and more

Proven Operator:

• Zips Car Wash is a leading operator with over 280 locations across 25 states
• Benefit from their extensive experience and proven business model

College Town:

• Located near Tennessee Tech University
• Over 10,000 students