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Investment Highlights

  • 100% Bonus Depreciation Eligible
  • 1.50% Annual Rent Increases
  • Long-Term Passive NNN Investment
  • Demonstrated Long-Term Tenant Commitment | ZIPS Refresh/Reinvestment Program
  • High-Visibility Retail Corridor | Established Retail Trade Area

Executive Summary

Arsenal Real Estate Advisors is pleased to exclusively offer for sale a NNN-leased ZIPS Car Wash located at 1101 S Main Street in Roswell, New Mexico. The offering features approximately 13.8 years of remaining lease term, attractive 1.50% annual rent increases, and a highly visible location along US Highway 285 (South Main Street) with traffic counts exceeding ±22,000 vehicles per day. The property benefits from its position within a well-established retail corridor surrounded by national retailers including Albertsons, Walgreens, Starbucks, McDonald's, O'Reilly Auto Parts, and Wells Fargo. Roswell serves as the commercial and economic hub of Southeastern New Mexico and attracts more than 200,000 visitors annually, supporting a diverse base of retail, hospitality, and consumer spending throughout the market. The property has also recently undergone ZIPS' targeted Refresh/Reinvestment Program, demonstrating the tenant's continued commitment to the location and long-term operational performance. This property is part of a four-property ZIPS Car Wash portfolio and is included in a master lease structure alongside select companion assets. Contact Broker for additional information.

Property Facts

Price $3,897,600
Price Per SF $939.41
Sale Type Investment NNN
Cap Rate 7.50%
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.85 AC
Building Size 4,149 SF
No. Stories 1
Year Built 2017
Zoning C-2
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R006673
  • R004219
Land Assessment
$30,975
Improvements Assessment
$233,321
Total Assessment
$264,296
  • Listing ID: 41719874

  • Date on Market: 8/12/2026

  • Last Updated:

  • Address: 1101 S Main St, Roswell, NM 88203

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