1620 S Sycamore Ave - Mammoth Car Wash
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1620 S Sycamore Ave - Mammoth Car Wash
3,126 SF Speciality Building Offered at £2,576,120 at a 6.90% Net Initial Yield in Sioux Falls, SD 57110
Investment Highlights
- Long-Term Absolute Triple-Net (NNN) Lease
- Strong Corporate Guarantee
- Attractive Annual Rent Increases
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Mammoth Car Wash located at 1620 S Sycamore Ave, Sioux Falls, SD 57110.
The site consists of roughly 3,126 rentable square feet of building space on an estimated 0.69-acre parcel of land.
This Mammoth Car Wash is subject to a 14-year Triple Net (NNN) lease, which commenced 7/24/2024. The current annual rent is $225,000 and has scheduled increases of 1.50% Annually.
The site consists of roughly 3,126 rentable square feet of building space on an estimated 0.69-acre parcel of land.
This Mammoth Car Wash is subject to a 14-year Triple Net (NNN) lease, which commenced 7/24/2024. The current annual rent is $225,000 and has scheduled increases of 1.50% Annually.
Property Facts
| Price | £2,576,120 | Building Class | C |
| Price Per SF | £824 | Lot Size | 0.69 AC |
| Sale Type | Investment | Building Size | 3,126 SF |
| Net Initial Yield | 6.90% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2015 |
| Property Subtype | Car Wash |
| Price | £2,576,120 |
| Price Per SF | £824 |
| Sale Type | Investment |
| Net Initial Yield | 6.90% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 3,126 SF |
| Number of Floors | 1 |
| Year Built | 2015 |
PROPERTY TAXES
| Parcel Number | 61389 | Improvements Assessment | £51,114 |
| Land Assessment | £192,288 | Total Assessment | £243,402 |
PROPERTY TAXES
Parcel Number
61389
Land Assessment
£192,288
Improvements Assessment
£51,114
Total Assessment
£243,402
zoning
| Zoning Code | C-4 (Commercial) |
| C-4 (Commercial) |
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Power Broker Brian Brockman -
Bang Realty
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1620 S Sycamore Ave - Mammoth Car Wash
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