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2806 Patterson StGreensboro, NC 27407
ZIPS Car Wash | Greensboro, NC
Asset ClassSpecial Purpose
8.75% Cap | NNN Lease | ~$300k Refresh
overview of deal

Overview

Arsenal Real Estate Advisors is pleased to exclusively offer for sale a NNN-leased ZIPS Car Wash located at 2806 Patterson Street in Greensboro, North Carolina. The offering features approximately 13.5 years of remaining lease term, attractive 1.50% annual rent increases, and a highly visible location along South Holden Road with traffic counts exceeding ±54,000 vehicles per day. The property benefits from its position near Interstate 40 and downtown Greensboro, providing excellent accessibility within one of the Piedmont Triad's primary commercial corridors. Greensboro represents a strategically important market for ZIPS Car Wash, with 31 locations throughout North Carolina, including 7 locations across the Greensboro–Winston-Salem MSA, supporting the company's membership-based operating model through market density and regional scale. ZIPS has also committed approximately $300,000 toward a Refresh Program scheduled for completion in Q3 2026, further demonstrating its long-term commitment to the location. The property also includes approximately 1.79 acres of excess land, providing additional long-term strategic value and future flexibility. Contact Broker for additional information.

Investment Highlights

  • 100% Bonus Depreciation Eligible
  • Strategic Reinvestment in an Established Location | Complete Q3 2026
  • High-Traffic Thoroughfare (±54,000 VPD)
  • 1.50% Annual Rent Increases
  • Built-In Upside with 1.79 Acres of Excess Land
  • Long-Term Passive NNN Investment
  • Strong Regional Economy within North Carolina’s Piedmont Triad
2806 Patterson StGreensboro, NC 27407

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