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4035 Challenger Ave NE
Roanoke, VA 24012
Zips Car Wash · Specialty Property For Sale · 4,578 SF

INVESTMENT HIGHLIGHTS

  • This Zips Car Wash is on a Triple Net lease with 14+ years remaining and 1.5% annual increases.
  • Car Washes Qualify for Bonus Depreciation via the Tax Cuts and Jobs Act of 2017. (Please consult your CPA.)
  • There is also a 440 acre industrial park that includes Advance Auto Parts, Elizabeth Arden, FedEx Ground, Orvis and tentatively Amazon.
  • Conveniently located on an outlot to Kroger and along Challenger Ave where traffic counts average 38,000 vehicles daily.
  • Nearby retailers include Walmart Supercenter, Lowe’s, Chick-fil-A, CVS, Starbucks, and more.
  • Excellent demographics with 1 mile average household income of $104,074 and 5 mile population of 89,332.

PROPERTY FACTS

Property Type Specialty
Property Subtype Car Wash
Building Class C
Lot Size 1.11 AC
Building Size 4,578 SF
No. Stories 1
Year Built 2009
Zoning C2S

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
050.01-01-05.11-0000
Land Assessment
$725,300
Improvements Assessment
$496,100
Total Assessment
$1,221,400
  • Listing ID: 30935783

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 4035 Challenger Ave NE, Roanoke, VA 24012

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