$4,828,571 USD
332-345-4222
9280 Baltimore St NE
Blaine, MN 55449
Outer Coon Rapids/Fridley/Blaine
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
- Corporate Guarantee: The Lease will be Subject to a Corporate Guarantee by Mammoth Holdings, LLC (130+ Unit Operator)
- Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
OVERVIEW
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.
FOR SALE DETAILS
PRICE
$4,828,571 USD
PRICE/SF
$1,038 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
2023
SPRINKLERS
-
PARKING SPACES
41
LAND DETAILS
LAND ACRES
3 AC
LAND SF
130,680 SF
ZONING
-
APN/PARCEL ID
32-31-23-12-0001
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332-345-4222
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332-345-4222
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