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Zips Car Wash Property

5211 University Parkway, Winston-Salem, NC 27106

For Sale
Contact for pricing

The property is leased under a long-term triple-net agreement with scheduled annual rent increases.

Property Size5,268 SF
Lot Size0.93 Acres
Price / SF$963.68
Days on Market34

Property Features for 5211 University Parkway

General Information

Standard status Active
Size 5,268 SF
Lot size 0.93 Acres
Property subtype Special Purpose

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants Zips Car Wash
Real Estate Included Yes

Additional Details

Automotive Uses car wash
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 8 at 4:24PM

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

Rey
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Investment Insights

Based on property information with market context.

The Zips Car Wash property includes approximately 5,268 rentable square feet of building area on an estimated 0.93-acre parcel. The site is occupied under a 30-year triple-net lease that began March 16, 2015, with annual rent increases of 1.75% provided for in the lease.

Located at 5211 University Parkway in Winston-Salem, North Carolina, the property combines a car wash operation with a single leased site.

Key Highlights

  • 5,268 rentable square feet of building space
  • Estimated 0.93‑acre parcel
  • 30‑year triple‑net lease commenced March 16, 2015

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Building Supply 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.

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 27106, NC

49,115
Population
22,491
Households
2.2
Avg Household Size
38
Median Age
48%
College-Educated
92%
High-School Grad
28.5 sq mi
ZIP Area
1,723
Density / Sq Mi
$66,091
Median Household Income
$37,094
Median Earnings
$1,090
Median Rent
$286,000
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

Frequently Asked Questions

What type of property is this?
Car wash - The property is leased under a long-term triple-net agreement with scheduled annual rent increases.
Where is this car wash located?
The property is located at 5211 University Parkway Winston-Salem, NC.
What is the asking price?
The asking price for this property is $5,076,656.
What are key features of this property?
This property features: 5,268 rentable square feet of building space; Estimated 0.93‑acre parcel; 30‑year triple‑net lease commenced March 16, 2015
(332) 345-4222 Call to check price and availability
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