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Mammoth Car Wash 1924 Cornhusker Dr

3,805 SF 4-Star Retail Building South Sioux City, NE 68776 £2,576,120 (£677/SF) 6.90% Net Initial Yield

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 1924 Cornhusker Drive, South Sioux City, NE 68776. The site consists of roughly 9,124 rentable square feet of building space on an estimated 1.1-acre parcel of land. This Mammoth Car Wash is subject to a 14.94-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

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,805 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Price
£2,576,120
Price Per SF
£677
Net Initial Yield
6.90%
NOI
£177,752
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
1.10 AC
Zoning
03 - Commercial
Frontage
211 ft on Cornhusker Drive
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1924 Cornhusker Dr, South Sioux City, NE - aerial map view

PROPERTY TAXES

Parcel Number 220171246 Improvements Assessment £445,064
Land Assessment £177,634 Total Assessment £622,698

PROPERTY TAXES

Parcel Number
220171246
Land Assessment
£177,634
Improvements Assessment
£445,064
Total Assessment
£622,698
(513) 300-0763

  • Listing ID: 32972438

  • Date on Market: 27/08/2024

  • Last Updated:

  • Address: 1924 Cornhusker Dr, South Sioux City, NE 68776

The Retail Property at 1924 Cornhusker Dr, South Sioux City, NE 68776 is currently available For Sale. Contact Bang Realty for more information.

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© 2024 CoStar Group

Mammoth Car Wash | 1924 Cornhusker Dr
(513) 300-0763 x

Mammoth Car Wash | 1924 Cornhusker Dr

Brian Brockman

(513) 300-0763

(513) 300-0763

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