Property Type: Retail

5615 Kingston Pike, Knoxville, TN – Zips Car Wash

5615 Kingston Pike is a car wash building that was built in 2018 and is occupied by Zips Car Wash. Zips Car Wash is the second largest car wash company in the United States, and had 16+ years remaining on their lease with 2% annual increases. We secured the deal for a 6.5% return for a 1031 exchange.

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1600 Route 17, Manahawkin, NJ

1600 Route 17 was occupied by The Learning Experience and had a new 10 year NNN lease in place. We sold the property for an 8%+ cap rate to an investor on a 1031 exchange

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Shephard & Knucklehead – Haledon, NJ

The Shephard & Knucklead was a commercial building with a bar/restaurant on the ground floor. The sale included the real estate and the business & liquor license, which had been in operation for over 19 years. This property & business was sold during the height of the 2020 Covid Pandemic

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