6017 SE 14th St - Car Washes FOR SALE


Des Moines, IA 50320- Easter Lake Area
$5,357,143 USD
513-300-0763
6017 SE 14th St, Des Moines, IA for Sale
$5,357,143 USD
Car Washes - FOR SALE
1/2
null | 7% Cap Rate

6017 SE 14th St
Des Moines, IA 50320
Easter Lake Area


HIGHLIGHTS

  • Affluent Suburban Community
  • Strong Retail Corridor
  • Strong Traffic Counts
  • Strong Academic Presence
  • Des Moines International Airport
  • Strong Demographics

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a Mammoth Car Wash located at 6017 SE 14th St, Des Moines, IA 50320. The site consists of roughly 4,800 rentable square feet of building space on an estimated 1.72-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

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

-

APN/PARCEL ID

120-00215003000,120-00215004000

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.