4907 Highway 58 | Chattanooga, TN 37416
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- LoopNet Team
4907 Highway 58
Chattanooga, TN 37416
Zips Car Wash · Specialty Property For Sale · 6,971 SF
Investment Highlights
- Absolute net lease with zero landlord responsibility
- ZIPS has 185 car wash locations across 17 states, employing over 1,400 workers.
- Located only 4 miles northwest of Volkswagen's U.S. Manufacturing Plant and North American Engineering & Planning Center (3,800+ employees)
- 17 years remain on the primary lease term, with annual 1.5% rent escalations
- In May 2020, ZIPS announced a new equity partnership with Atlantic Street Capital in order to continue its expansion of the ZIPS brand across the U.S.
- 4 miles north of Chattanooga Airport, offering daily nonstop flights to 10 major cities
PROPERTY FACTS
| Property Type | Specialty | Building Size | 6,971 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | C | Year Built/Renovated | 1989/2017 |
| Lot Size | 0.64 AC | Parking Ratio | 3.71/1,000 SF |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 6,971 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1989/2017 |
| Parking Ratio | 3.71/1,000 SF |
PROPERTY TAXES
| Parcel Number | 120O-J-012.07 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $451,360 |
PROPERTY TAXES
Parcel Number
120O-J-012.07
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$451,360
zoning
| Zoning Code | C-2 Convenience Commercia |
| C-2 Convenience Commercia |
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