3000 Breckenridge Ln Louisville, KY 40220-2102

This exceptional investment opportunity presents a 3,600 square foot ZIPS Car Wash located at 3000 Breckenridge Ln, Louisville, KY 40220. Built in 2021, this single-story building sits on a 1.43-acre lot and boasts a 10.1-year remaining lease term (expiring 12/31/2034) with a corporate guarantee from ZIPS, a leading car wash operator with over 270 locations. The property benefits from a strong 7.00% cap rate and a Net Operating Income (NOI) of $369,069. The lease includes annual rent bumps of 1.5% and six five-year renewal options. The property is strategically located across from a Kroger, creating optimal retail synergy. All taxes, insurance, and maintenance are tenant responsibilities, maximizing depreciation benefits for the landlord. The property is conveniently located 7.7 miles from Louisville International Airport. This is a net lease investment with 100% occupancy. The asking price is $5,272,400. Detailed financial information is available upon request. This offering presents a compelling investment opportunity due to its strong tenant, favorable lease terms, and prime location.