Freestanding Car Wash with NNN
For Sale
Contact for pricing
1101 S MAIN ST, Roswell, NM 88203
NNN-leased ZIPS Car Wash on a high-traffic South Main Street retail corridor with more than 22,000 vehicles per day.
Property Size4,149 SF
Price / SF$939.41
Days on Market56
Property Features for 1101 S MAIN ST
General Information
Standard status
Active
Size
4,149 SF
Property subtype
Retail, Special Purpose
Site & Location
Traffic Count
22,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2017
Tenancy
Single
Listing Agency:
Arsenal Real Estate Advisors
Listed By:
Hayden Salvas · License #CA 02092776
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Aug 4 at 1:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arsenal Real Estate Advisors
Investment Insights
Based on property information with market context.
The property is a ZIPS Car Wash operated under a triple-net (NNN) lease. The offering includes approximately 13.8 years of remaining lease term, with attractive 1.50% annual rent increases. The site has also undergone ZIPS’ targeted Refresh/Reinvestment Program, reflecting continued reinvestment in the location and ongoing operational commitment.
Located at 1101 S Main Street, the car wash benefits from highly visible frontage along US Highway 285 (South Main Street). The property is situated within a well-established retail corridor, surrounded by national retailers including Albertsons, Walgreens, Starbucks, McDonald’s, O’Reilly Auto Parts, and Wells Fargo. Roswell is the commercial and economic hub of Southeastern New Mexico, attracting more than 200,000 visitors annually.
For investors, the asset offers a long remaining lease horizon with contractual rent escalations in an NNN structure. It is also part of a four-property ZIPS Car Wash portfolio and is included in a master lease structure alongside select companion assets, which may be of interest to buyers seeking scale or portfolio-level considerations.
Located at 1101 S Main Street, the car wash benefits from highly visible frontage along US Highway 285 (South Main Street). The property is situated within a well-established retail corridor, surrounded by national retailers including Albertsons, Walgreens, Starbucks, McDonald’s, O’Reilly Auto Parts, and Wells Fargo. Roswell is the commercial and economic hub of Southeastern New Mexico, attracting more than 200,000 visitors annually.
For investors, the asset offers a long remaining lease horizon with contractual rent escalations in an NNN structure. It is also part of a four-property ZIPS Car Wash portfolio and is included in a master lease structure alongside select companion assets, which may be of interest to buyers seeking scale or portfolio-level considerations.
Key Highlights
- NNN‑leased ZIPS Car Wash at 1101 S Main Street, Roswell, NM, built in 2017
- Approximately 13.8 years remaining lease term with 1.50% annual rent increases
- Highly visible location on US Highway 285 (South Main Street) with traffic counts exceeding 22,000 vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
22,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Conoco
Shops & Services
4,018 visits/mo
0.3 miles
Demographics for 88203, NM
30,162
Population
12,089
Households
2.5
Avg Household Size
34
Median Age
11%
College-Educated
78%
High-School Grad
1,093.0 sq mi
ZIP Area
28
Density / Sq Mi
$42,067
Median Household Income
$30,538
Median Earnings
$776
Median Rent
$115,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Car wash - NNN-leased ZIPS Car Wash on a high-traffic South Main Street retail corridor with more than 22,000 vehicles per day.
Where is this car wash located?
The property is located at 1101 S MAIN ST Roswell, NM.
What is the asking price?
The asking price for this property is $3,897,600.
What are key features of this property?
This property features: NNN‑leased ZIPS Car Wash at 1101 S Main Street, Roswell, NM, built in 2017; Approximately 13.8 years remaining lease term with 1.50% annual rent increases; Highly visible location on US Highway 285 (South Main Street) with traffic counts exceeding 22,000 vehicles per day
