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Mammoth Car Wash 1322 W Stan Schlueter Loop 5,216 SF 100% Leased Retail Building Killeen, TX 76549 $4,875,426 ($934.71/SF) 5.85% Cap Rate
Investment Highlights
- High Performing Location
- Long Term NNN Lease With 2% Annual Increases & Zero Landlord Responsibilities
- 100% Bonus Depreciation
- Traffic Counts
Executive Summary
Surmount is pleased to present the exclusive listing for a Mammoth Car Wash located at 1322 West Stan Schlueter Loop, Killeen, TX 76549. The site consists of roughly 5,216 rentable square feet of building space on an estimated 1.35-acre parcel of land. Mammoth Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 12/20/2024. The current annual rent is $285,212 and has scheduled increases of 2.00% Annually
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
5,216 SF
Year Built
2018
Price
$4,875,426
Price Per SF
$934.71
Cap Rate
5.85%
NOI
$285,212
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
1.35 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 480296 | Improvements Assessment | $592,689 |
| Land Assessment | $282,121 | Total Assessment | $874,810 |
Property Taxes
Parcel Number
480296
Land Assessment
$282,121
Improvements Assessment
$592,689
Total Assessment
$874,810
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