156th & Hickman rd - Car Washes FOR SALE


Clive, IA 50325
$4,642,857 USD
513-300-0763
156th & Hickman rd, Clive, IA for Sale
$4,642,857 USD
Car Washes - FOR SALE
1/2
null | 7% Cap Rate

156th & Hickman rd
Clive, IA 50325


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Bonus Depreciation
  • Strong Corporate Guarantee

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a Mammoth Car Wash located at 156th & Hickman, Clive, IA 50325. The site consists of roughly 4,800 rentable square feet of building space on an estimated 1-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 $325,000 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$4,642,857 USD

PRICE/SF

$967 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

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 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.