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JLL is pleased to exclusively offer for sale the fee simple interest in a Zips Car Wash (the “Property”) located approximately 30 miles northwest of downtown St. Louis in St. Peters, MO. This investment opportunity offers a truly passive income structure featuring a corporately-backed absolute NNN lease with approximately 18 years of lease term remaining, zero landlord responsibilities and annual contractual rental increases. The Property is leased to Zips Car Wash, LLC (the “Tenant”) one of the largest providers of express tunnel car washes, operating 179 customer service centers in 18 states. This Property possesses strong real estate fundamentals and offers a rare opportunity to acquire an industry leading brand in one of the top affluent submarkets within the Midwest.
- ±18 year Zips Car Wash absolute NNN lease
- Industry leading car wash operator
- Zero landlord responsibility
- Off interstate positioning near local demand drivers
- Located in a rapidly growing St. Louis submarket