10056 Hickman Ct - Mammoth Car Wash
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10056 Hickman Ct - Mammoth Car Wash
4,800 SF Speciality Building Offered at £4,191,697 at a 7% Net Initial Yield in Clive, IA 50325
Investment Highlights
- 20-Year Absolute Triple Net (NNN) Lease
- New Construction | Building was recently built in 2024
- Strong Corporate Guarantee | The lease will be subject to a strong corporate guarantee from Mammoth Car Wash (130+ units).
Executive Summary
Bang Realty is pleased to present the exclusive listing for a
Mammoth Car Wash located at 10056 Hickman Ct, Clive, IA
50325. The site consists of roughly 4,800 rentable square feet of
building space on an estimated 1.12-acre parcel of land. This
Mammoth Car Wash is subject to a 20-year Triple Net (NNN)
lease which will commence upon close of escrow. The annual
rent will be $375,000 and has scheduled increases of 1.50%
annually.
Mammoth Car Wash located at 10056 Hickman Ct, Clive, IA
50325. The site consists of roughly 4,800 rentable square feet of
building space on an estimated 1.12-acre parcel of land. This
Mammoth Car Wash is subject to a 20-year Triple Net (NNN)
lease which will commence upon close of escrow. The annual
rent will be $375,000 and has scheduled increases of 1.50%
annually.
Property Facts
| Price | £4,191,697 | Building Class | C |
| Price Per SF | £873 | Lot Size | 1.12 AC |
| Sale Type | Investment | Building Size | 4,800 SF |
| Net Initial Yield | 7% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2024 |
| Property Subtype | Car Wash |
| Price | £4,191,697 |
| Price Per SF | £873 |
| Sale Type | Investment |
| Net Initial Yield | 7% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 4,800 SF |
| Number of Floors | 1 |
| Year Built | 2024 |
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 291-00338000000 | Improvements Assessment | £860,147 |
| Land Assessment | £479,172 | Total Assessment | £1,339,320 |
PROPERTY TAXES
Parcel Number
291-00338000000
Land Assessment
£479,172
Improvements Assessment
£860,147
Total Assessment
£1,339,320
zoning
| Zoning Code | C-1 (Commercial) |
| C-1 (Commercial) |
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10056 Hickman Ct - Mammoth Car Wash
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