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Absolute NNN Car Wash
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Pending

220 S Hall Rd, Alcoa, TN 37701

Zips Car Wash facility subject to a long-term absolute triple-net lease with renewal options.

Property Size3,322 SF
Lot Size1.06 Acres
Days on Market143

Property Features for 220 S Hall Rd

General Information

Standard status Pending
Size 3,322 SF
Lot size 1.06 Acres
Property subtype Special Purpose
Occupancy 100%
Net Operating Income $235,555

Building Details

Buildings 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:01PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The property is a Zips Car Wash facility in Alcoa, Tennessee, comprising roughly 3,322 rentable square feet on an estimated 1.06-acre parcel. The asset is subject to a 20-year absolute triple-net lease that began December 29th, 2017.

The lease includes annual 1.75% rent increases during the base term and each of two 10-year renewal options. This structure provides defined lease-term information and contractual escalation provisions for the property.

Key Highlights

  • Zips Car Wash facility in Alcoa, Tennessee
  • Roughly 3,322 rentable square feet
  • Estimated 1.06‑acre parcel

Property Analytics

Current Use

Zips Car Wash Car Wash

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store HVAC Service

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,306
Businesses Nearby
232k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Shops & Services 33% Groceries 16% Superstores 10%
Kroger Groceries
37,801 visits/mo 0.1 miles
McDonald's Dining
32,458 visits/mo 0.4 miles
Big Lots Superstores
22,676 visits/mo 0.1 miles
Burger King Dining
16,730 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
16,387 visits/mo 0.2 miles

Demographics for 37701, TN

8,798
Population
4,485
Households
2
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
10.7 sq mi
ZIP Area
822
Density / Sq Mi
$63,202
Median Household Income
$39,064
Median Earnings
$1,101
Median Rent
$239,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Car wash - Zips Car Wash facility subject to a long-term absolute triple-net lease with renewal options.
Where is this car wash located?
The property is located at 220 S Hall Rd Alcoa, TN.
What are key features of this property?
This property features: Zips Car Wash facility in Alcoa, Tennessee; Roughly 3,322 rentable square feet; Estimated 1.06‑acre parcel
(332) 345-4222 Call to check price and availability
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