Zips Car Wash - Cleveland, GA

SHOP Companies is pleased to present a prime investment opportunity for qualified investors: an absolute NNN leased, corporate guaranteed Zips Car Wash located in Cleveland, GA ("the property"). This long-term lease has approximately 13.5 years remaining and features annual rental escalations, providing an excellent hedge against inflation. The lease includes six (6), five-year tenant renewal options and corporate-backed credit.

The property qualifies under the 60% 2024 Bonus Depreciation (40% in 2025) provisions of the 2017 Tax Cuts and Jobs Act. Car washes are mechanical-intensive and thus offer more chances for reclassification and cost segregation than many other types of commercial property, ultimately allowing investors to expense a larger percentage of the investment in year one.*