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Freestanding Car Wash with NNN Lease
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For Sale
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2600 YADKIN RD, Chesapeake, VA 23323

New corporate tenancy includes annual rent increases and a long-term absolute NNN structure.

Property Size3,650 SF
Price / SF$1,392
Days on Market6

Property Features for 2600 YADKIN RD

General Information

Standard status Active
Size 3,650 SF
Property subtype Retail, Special Purpose
Occupancy 100%
Lease Type Absolute Net
Investment Type Sale/Leaseback
Net Operating Income $305,000

Building Details

Year Built 2022
Units 1
Tenancy Single
Listing Agency: Northmarq - Walnut Creek
Listed By: Chris Lomuto · License #CA 01962410
Source: Crexi
Added: Aug 28 Changed: Sep 1 Last Checked: Sep 1 at 8:48PM

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 Northmarq - Walnut Creek

Investment Insights

Based on property information with market context.

This freestanding car wash was built in 2022 and contains approximately 3,650 square feet on a one-acre parcel. The property is leased under a new 20-year absolute NNN corporate lease executed at closing, with 1.5% annual rent increases. Green Clean Express operates as one of five brands within Express Wash Concepts, a regional platform with more than 130 units.

The property fronts Military Highway in Chesapeake and is positioned in front of an established Food Lion store. The site receives exposure to approximately 33,000 vehicles per day and is located near Wawa, Bojangles, Strickland Brothers, and a new Taco Bell. More than 55,000 residents live within a three-mile radius.

Key Highlights

  • 2022‑built freestanding car wash with approximately 3,650 square feet
  • One‑acre parcel along Military Highway in Chesapeake, Virginia
  • Approximately 33,000 vehicles per day

Property Analytics

Current Use

Green Clean Express ... Car Wash

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Building Supply

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

324
Businesses Nearby
172k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Dining 31% Groceries 19% Hotels & Casinos 1%
Wawa Shops & Services
49,423 visits/mo 0.1 miles
Food Lion Grocery Store Groceries
33,568 visits/mo 0.2 miles
McDonald's Dining
24,086 visits/mo 0.4 miles
Dollar Tree Shops & Services
16,860 visits/mo 0.3 miles
7-Eleven Shops & Services
13,707 visits/mo 0.1 miles

Demographics for 23323, VA

42,736
Population
15,064
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
81.9 sq mi
ZIP Area
522
Density / Sq Mi
$105,912
Median Household Income
$50,523
Median Earnings
$1,590
Median Rent
$360,500
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 - New corporate tenancy includes annual rent increases and a long-term absolute NNN structure.
Where is this car wash located?
The property is located at 2600 YADKIN RD Chesapeake, VA.
What is the asking price?
The asking price for this property is $5,083,333.
What are key features of this property?
This property features: 2022‑built freestanding car wash with approximately 3,650 square feet; One‑acre parcel along Military Highway in Chesapeake, Virginia; Approximately 33,000 vehicles per day
More about this property
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