Retail

Two-Property Zips Car Wash Portfolio - St. Louis MSA

7860 Mexico Rd St. Peters, Missouri United States 63376-3573
Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Building Area

Property Description

JLL is pleased to exclusively offer the opportunity to acquire a two-property Zips Car Wash portfolio (the “Portfolio“ or the “Properties”) featuring two corporately-backed absolute NNN leases with ±18 years of lease term remaining. The investment opportunity offers a truly passive income structure with zero landlord responsibilities and annual contractual rental increases. The Properties are located approximately 10 minutes apart in one of Missouri’s fastest-growing counties - St. Charles County (St. Louis MSA) in the cities of St. Peters, MO and St. Charles, MO. The Properties are 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 two-property Portfolio offers a rare opportunity to acquire an industry leading brand at scale and in one of the top metropolitan areas in the nation. 

Investment Highlights

  • Two individual 18+ year Zips Car Wash absolute NNN leases offered as a portfolio
  • Industry leading car wash operator
  • Zero landlord responsibility
  • Dense + affluent populations with portfolio synergies
  • Off interstate positioning near local demand drivers
  • Located in a rapidly growing St. Louis submarket
Last Updated Date: 22 Feb 2021
Alex Sharrin
Alex Sharrin
Managing Director, Capital Markets
License details
IL - 475.170243
Alex Geanakos
Alex Geanakos
Director, Capital Markets
License details
475.189621

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+13129406848
Last Updated Date: 22 Feb 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.