Zips Car Wash
For Sale
Contact for pricing
Pending
440 W New Cir Rd, Lexington, KY 40511
The property is subject to an absolute NNN lease with scheduled annual escalations and renewal options.
Property Size4,059 SF
Lot Size1.16 Acres
Days on Market142
Property Features for 440 W New Cir Rd
General Information
Standard status
Pending
Size
4,059 SF
Lot size
1.16 Acres
Property subtype
Special Purpose
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 12:48AM
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.
This car wash property includes approximately 4,059 rentable square feet within a developed 1.16-acre site. The asset is identified as a Zips Car Wash and is located at 440 W New Circle Road in Lexington, Kentucky.
The lease commenced December 29, 2017, and carries a 20-year absolute triple-net structure. Contractual rent escalations are set at 1.75% annually during the initial term and continue through each of the two 10-year renewal options. The property is offered for sale with the existing lease structure in place.
The lease commenced December 29, 2017, and carries a 20-year absolute triple-net structure. Contractual rent escalations are set at 1.75% annually during the initial term and continue through each of the two 10-year renewal options. The property is offered for sale with the existing lease structure in place.
Key Highlights
- Zips Car Wash at 440 W New Circle Road, Lexington, KY 40511
- Approximately 4,059 rentable square feet
- Estimated 1.16‑acre parcel
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
145k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 30%
Groceries 29%
Apparel 5%
Kroger
Groceries
41,668 visits/mo
0.1 miles
Dutch Bros. Coffee
Dining
17,001 visits/mo
0.4 miles
White Castle
Dining
16,054 visits/mo
0.3 miles
Speedway
Shops & Services
11,871 visits/mo
0.0 miles
Kroger Fuel Center
Shops & Services
11,543 visits/mo
0.2 miles
Demographics for 40511, KY
36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - The property is subject to an absolute NNN lease with scheduled annual escalations and renewal options.
Where is this car wash located?
The property is located at 440 W New Cir Rd Lexington, KY.
What are key features of this property?
This property features: Zips Car Wash at 440 W New Circle Road, Lexington, KY 40511; Approximately 4,059 rentable square feet; Estimated 1.16‑acre parcel
