6300 Hickman Rd - Car Washes FOR SALE


Windsor Heights, IA 50324
$5,000,000 USD
513-300-0763
6300 Hickman Rd, Windsor Heights, IA for Sale
$5,000,000 USD
Car Washes - FOR SALE
1/2
null | 7% Cap Rate

6300 Hickman Rd
Windsor Heights, IA 50324


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Bonus Depreciation This property qualifies for 15-year accelerated depreciation as well as bonus depreciation
  • Strong Corporate Guarantee The lease will be subject to a strong corporate guarantee from Mammoth Car Wash (130+ Units).

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$1,040 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

-

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

-

APN/PARCEL ID

-

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.