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Property summary
This exceptional investment opportunity presents a fee-simple ZIPS Car Wash located at 201 Towne Centre Blvd, Pineville, NC 28134, within Mecklenburg County. The property boasts 8,496 square feet on a 1.14-acre lot and enjoys a prime location in a robust retail corridor near Carolina Place Mall. Currently operating under a 19-year Absolute NNN lease with a corporate guarantee from ZIPS Car Wash, the lease commenced June 1, 2020, and has 14.5 years remaining until May 31, 2039. The lease… includes attractive 1.50% annual rent escalations throughout the base term, and 7.5% increases in the six, five-year extension options. The property generates a strong NOI of $204,953, resulting in a compelling 7.75% cap rate. The 100% occupancy rate and the long-term lease provide exceptional stability and predictable cash flow. This asset is ideally suited for investors seeking a secure, high-yield investment with significant upside potential. The Pineville location benefits from a strong demographic profile, including a 1.19% population growth since 2020, and is situated in an area identified as one of the eight best places to live in the United States. Furthermore, the property's classification as a fee-simple car wash qualifies it for accelerated depreciation and 60% bonus depreciation in 2024 (consult a tax professional for details). This is a rare opportunity to acquire a well-positioned, high-performing car wash in a thriving market. The asking price is $2,644,554.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 5 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 6,256 SF
- Lot area
- 1.12 ac
- Year built
- 1990
- Stories
- 1
- APN
- 22113113
- Zoning
- B-4
- Assessed value · 2024
- $3,241,600
- Annual tax · 2023
- $24,575
- Restaurant
- Medical Building
- Office Building
- Auto Repair, Garage · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This is a business district along major highways for the placement of a wide variety of retail uses including large shopping and commercial complexes.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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