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Absolute NNN Car Wash
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124 Cole Ln, Winchester, VA 22602

Long-term lease structure includes annual rent increases and no landlord responsibilities.

Property Size5,938 SF
Price / SF$790.53
Days on Market5

Property Features for 124 Cole Ln

General Information

Standard status Active
Size 5,938 SF
Property subtype RETAIL
Listing Agency: Colliers | Washington DC
Listed By: Sydney Helms
Source: Moodyscre
Added: Aug 18 Changed: Aug 21 Last Checked: Aug 21 at 7:11AM

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 Colliers | Washington DC

Investment Insights

Based on property information with market context.

This 5,938-square-foot car wash is offered with an absolute NNN lease carrying more than 15 years of remaining term. The lease provides 1.5% annual increases during the initial term and options, while assigning zero landlord responsibilities under the stated structure.

The property is located at 124 Cole Ln in Winchester, Virginia, near Millbrook High School and Shenandoah University. The surrounding area is described as having average household income above $106,000. Go Car Wash operates 156 locations across eight states, including Virginia.

Key Highlights

  • 5,938‑square‑foot car wash at 124 Cole Ln, Winchester, VA 22602
  • Absolute NNN lease with 15 + lease years remaining
  • 1.5% annual rent increases during the initial term and options

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Law Firm Dental Office Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby
162k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Groceries 28% Shops & Services 22% Home Improvements & Furnishings 10%
Martin's Food Market Groceries
45,641 visits/mo 0.4 miles
Starbucks Dining
16,589 visits/mo 0.2 miles
SONIC Drive In Dining
16,529 visits/mo 0.3 miles
Tractor Supply Co. Home Improvements & Furnishings
15,915 visits/mo 0.2 miles
Dollar Tree Shops & Services
13,391 visits/mo 0.2 miles

Demographics for 22602, VA

30,865
Population
11,716
Households
2.6
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
113.5 sq mi
ZIP Area
272
Density / Sq Mi
$99,534
Median Household Income
$49,199
Median Earnings
$1,367
Median Rent
$351,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Car wash - Long-term lease structure includes annual rent increases and no landlord responsibilities.
Where is this car wash located?
The property is located at 124 Cole Ln Winchester, VA.
What is the asking price?
The asking price for this property is $4,694,167.
What are key features of this property?
This property features: 5,938‑square‑foot car wash at 124 Cole Ln, Winchester, VA 22602; Absolute NNN lease with 15 + lease years remaining; 1.5% annual rent increases during the initial term and options
(202) 534-3612 Call to check price and availability
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