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Investment Details

Price: $4,143,417 Location: Cordova, TN
Cap Rate: 6.75% Lease Type: NNN
NOI: $279,681 Lease Expiration: June 2038
Demographic Information (5-Mile Radius)
2024 Population: 161,763
2029 Population: 158,237
2024 Average Household Income: $107,566
2024 Median Household Income: $83,562
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Amanda Leathers
amanda@upland.com
612.436.0045

ZIPS CAR WASH

Cordova | Tennessee
Highlights
• Triple Net Lease with 13+ years remaining and 1.5% annual increases.
• Potential for 60% Bonus Depreciation through the Tax Cuts and Jobs Act of 2017
• Strategically located on North Germantown Pkwy a major throughfare.
• 5 mile population of 161763 and average household income of $107,566
• Zips Car Wash is a leading operator with 280+ locations across 25 states
• Cordova is located less than 30 minutes from Memphis.

ZIPS CAR WASH

Cordova | Tennessee

Highlights
• Triple Net Lease with 13+ years remaining and 1.5% annual increases.
• Potential for 60% Bonus Depreciation through the Tax Cuts and Jobs Act of 2017
• Strategically located on North Germantown Pkwy a major throughfare.
• 5 mile population of 161763 and average household income of $107,566
• Zips Car Wash is a leading operator with 280+ locations across 25 states
• Cordova is located less than 30 minutes from Memphis.

Investment Details

Price: $4,143,417
Location: Cordova, TN
Cap Rate: 6.75%
Lease Type: NNN
NOI: $279,681
Lease Expiration: June 2038
Demographic Information (5-Mile Radius)
2024 Population: 161,763
2029 Population: 158,237
2024 Average Household Income: $107,566
2024 Median Household Income: $83,562
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Amanda Leathers
amanda@upland.com
612.436.0045

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489