9280 Baltimore St NE - Mammoth Car Wash
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9280 Baltimore St NE - Mammoth Car Wash
4,652 SF Speciality Building Offered at £3,778,115 at a 7% Net Initial Yield in Blaine, MN 55449
Investment Highlights
- 20-Year Triple-Net (NNN) Lease: At Closing the Tenant will Execute A Brand New 20- Year Absolute Triple-Net Lease | Lease will Have No Landlord Resp
- Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
- Corporate Guarantee: The Lease will be Subject to a Corporate Guarantee by Mammoth Holdings, LLC (130+ Unit Operator)
Executive Summary
NNN Pro Group is pleased to present the exclusive listing for a Mammoth Car Wash
located at 9284 Baltimore St NE in Blaine, Minnesota. The site consists of 4,652 total
square feet of building space and sits on 3.00 acres of land. The site will be subject to
a 20-year sale-leaseback with Mammoth Holdings, LLC. The lease will call for 1.50%
annual rental escalations during the base term and throughout the four, five-year
renewal option periods.
located at 9284 Baltimore St NE in Blaine, Minnesota. The site consists of 4,652 total
square feet of building space and sits on 3.00 acres of land. The site will be subject to
a 20-year sale-leaseback with Mammoth Holdings, LLC. The lease will call for 1.50%
annual rental escalations during the base term and throughout the four, five-year
renewal option periods.
Property Facts
| Price | £3,778,115 | Lot Size | 3.00 AC |
| Price Per SF | £812 | Building Size | 4,652 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 7% | Year Built | 2023 |
| Property Type | Speciality | Parking Ratio | 8.81/1,000 SF |
| Property Subtype | Car Wash |
| Price | £3,778,115 |
| Price Per SF | £812 |
| Sale Type | Investment |
| Net Initial Yield | 7% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Lot Size | 3.00 AC |
| Building Size | 4,652 SF |
| Number of Floors | 1 |
| Year Built | 2023 |
| Parking Ratio | 8.81/1,000 SF |
PROPERTY TAXES
| Parcel Number | 32-31-23-12-0001 | Improvements Assessment | £290,993 |
| Land Assessment | £421,115 | Total Assessment | £712,108 |
PROPERTY TAXES
Parcel Number
32-31-23-12-0001
Land Assessment
£421,115
Improvements Assessment
£290,993
Total Assessment
£712,108
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Power Broker Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Andrew Darby -
NNN Pro Group
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9280 Baltimore St NE - Mammoth Car Wash
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