6300 Hickman Rd - Mammoth Car Wash
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6300 Hickman Rd - Mammoth Car Wash
4,808 SF Speciality Building Offered at £3,916,500 at a 7% Net Initial Yield in Windsor Heights, IA 50324
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Strong Corporate Guarantee The lease will be subject to a strong corporate guarantee from Mammoth Car Wash (130+ Units).
- Bonus Depreciation This property qualifies for 15-year accelerated depreciation as well as bonus depreciation
Executive Summary
Bang Realty is pleased to present the exclusive listing for a
Mammoth Car Wash located at 6300 Hickman Rd., Windsor
Heights, IA 50324. The site consists of roughly 4,808 rentable
square feet of building space on an estimated 2.07-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 $350,000 and has scheduled increases of
1.50% Annually.
Mammoth Car Wash located at 6300 Hickman Rd., Windsor
Heights, IA 50324. The site consists of roughly 4,808 rentable
square feet of building space on an estimated 2.07-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 $350,000 and has scheduled increases of
1.50% Annually.
Property Facts
| Price | £3,916,500 | Property Subtype | Car Wash |
| Price Per SF | £815 | Lot Size | 2.07 AC |
| Sale Type | Investment | Building Size | 4,808 SF |
| Net Initial Yield | 7% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2024 |
| Price | £3,916,500 |
| Price Per SF | £815 |
| Sale Type | Investment |
| Net Initial Yield | 7% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Lot Size | 2.07 AC |
| Building Size | 4,808 SF |
| Number of Floors | 1 |
| Year Built | 2024 |
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6300 Hickman Rd - Mammoth Car Wash
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