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Zips Car Wash
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5090 W University Dr, Prosper, TX 75078

Car wash facility subject to a long-term absolute NNN lease with renewal options.

Property Size4,614 SF
Lot Size1.19 Acres
Days on Market144

Property Features for 5090 W University Dr

General Information

Standard status Active
Size 4,614 SF
Lot size 1.19 Acres
Property subtype Special Purpose
Occupancy 100%

Building Details

Buildings 1
Tenancy Single
Abandoned No
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:25PM

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 Zips Car Wash occupies approximately 4,614 rentable square feet on an estimated 1.19-acre parcel at 5090 W University Drive in Prosper, Texas. The property is configured as a dedicated car wash facility and is being offered with an existing lease in place.

The lease is structured as absolute NNN, began on December 29, 2017, and carries a 20-year base term. Contractual rent increases by 1.75% each year during the initial term and continues at the same rate through each of the two 10-year renewal options.

Key Highlights

  • Zips Car Wash at 5090 W University Dr, Prosper, TX 75078
  • Approximately 4,614 rentable square feet
  • Estimated 1.19‑acre parcel

Property Analytics

Current Use

Zips Car Wash Car Wash

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Longo Toyota Of Prosper Shops & Services
5,992 visits/mo 0.2 miles
Prosper Ford Shops & Services
4,759 visits/mo 0.3 miles
U-Haul Shops & Services
2,265 visits/mo 0.2 miles

Demographics for 75078, TX

38,980
Population
14,409
Households
2.7
Avg Household Size
34
Median Age
63%
College-Educated
97%
High-School Grad
31.6 sq mi
ZIP Area
1,234
Density / Sq Mi
$187,634
Median Household Income
$82,714
Median Earnings
$2,284
Median Rent
$650,600
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
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Frequently Asked Questions

What type of property is this?
Car wash - Car wash facility subject to a long-term absolute NNN lease with renewal options.
Where is this car wash located?
The property is located at 5090 W University Dr Prosper, TX.
What are key features of this property?
This property features: Zips Car Wash at 5090 W University Dr, Prosper, TX 75078; Approximately 4,614 rentable square feet; Estimated 1.19‑acre parcel
(332) 345-4222 Call to check price and availability
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