4916 S Marion Rd - Mammoth Car Wash
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4916 S Marion Rd - Mammoth Car Wash
5,746 SF Speciality Building Offered at £2,576,120 at a 6.90% Net Initial Yield in Sioux Falls, SD 57106
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 aMammoth Car Wash located at 4916 S Marion Road, Sioux Falls, SD 57106.
The site consists of roughly 5,746 rentable square feet of building space on an estimated 1.18-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.
The site consists of roughly 5,746 rentable square feet of building space on an estimated 1.18-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
| Price | £2,576,120 | Building Class | C |
| Price Per SF | £448 | Lot Size | 1.18 AC |
| Sale Type | Investment | Building Size | 5,746 SF |
| Net Initial Yield | 6.90% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2006 |
| Property Subtype | Car Wash |
| Price | £2,576,120 |
| Price Per SF | £448 |
| Sale Type | Investment |
| Net Initial Yield | 6.90% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.18 AC |
| Building Size | 5,746 SF |
| Number of Floors | 1 |
| Year Built | 2006 |
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PROPERTY TAXES
| Parcel Number | 65852 | Improvements Assessment | £66,749 |
| Land Assessment | £235,674 | Total Assessment | £302,424 |
PROPERTY TAXES
Parcel Number
65852
Land Assessment
£235,674
Improvements Assessment
£66,749
Total Assessment
£302,424
zoning
| Zoning Code | C-4 (Commercial) |
| C-4 (Commercial) |
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Power Broker Brian Brockman -
Bang Realty
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4916 S Marion Rd - Mammoth Car Wash
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