10056 Hickman Ct - Car Washes FOR SALE


Clive, IA 50325
$5,357,143 USD
513-300-0763
10056 Hickman Ct, Clive, IA for Sale
$5,357,143 USD
Car Washes - FOR SALE
1/3
null | 7% Cap Rate

10056 Hickman Ct
Clive, IA 50325


HIGHLIGHTS

  • 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).
  • New Construction | Building was recently built in 2024

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a Mammoth Car Wash located at 10056 Hickman Ct, Clive, IA 50325. The site consists of roughly 4,800 rentable square feet of building space on an estimated 1.12-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 $375,000 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$5,357,143 USD

PRICE/SF

$1,116 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mammoth Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

C-1

APN/PARCEL ID

291-00338000000

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.