1565 N Germantown Pky | Cordova, TN 38016
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- LoopNet Team
1565 N Germantown Pky
Cordova, TN 38016
Zips Car Wash · Specialty Property For Sale · 4,628 SF
INVESTMENT HIGHLIGHTS
- Triple Net Lease with 13+ years remaining and 1.5% annual increases
- Located along North Germantown Pkwy, traffic counts average 30,000+ vehicles daily.
- Zips is a proven operator with 280 locations across 28 states.
- Potential for 40% Bonus Depreciation through the Tax Cuts and Jobs Act of 2017 (Consult your CPA). Tennessee is a No Income Tax State.
- 5-mile average household income of $107,566 and population of 161,763.
- Strong retail presence featuring national brands like Kroger, HomeGoods, Marshalls, ALDI, Starbucks, Five Below, AutoZone, and more
PROPERTY FACTS
| Property Type | Specialty | Building Size | 4,628 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | B | Year Built | 2006 |
| Lot Size | 1.00 AC | Parking Ratio | 5.83/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 4,628 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Parking Ratio | 5.83/1,000 SF |
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 09-6500-0-0585 | Improvements Assessment | $512,640 |
| Land Assessment | $377,131 | Total Assessment | $889,771 |
PROPERTY TAXES
Parcel Number
09-6500-0-0585
Land Assessment
$377,131
Improvements Assessment
$512,640
Total Assessment
$889,771
ZONING
| Zoning Code | Commercial |
| Commercial |
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