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4200 S York St - Mammoth Car Wash 4,364 SF Specialty Building Offered at $2,812,182 at a 5.50% Cap Rate in Sioux City, IA 51106
Investment Highlights
- Corporate Guarantee by Mammoth Car Wash
- High Visibility With Strong Daily Traffic Counts
- Bonus Depreciation Opportunity
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Mammoth Car Wash located at 4200 S York St, Sioux City, IA 51106. The site consists of roughly 4,370 rentable square feet of building space on an estimated 0.84-acre parcel of land. This Mammoth Car Wash is subject to a 20 Years-year Triple Net (NNN) lease, which commenced 12/29/2021. The current annual rent is $154,670 and has scheduled increases of 1.50% annually.
Property Facts
| Price | $2,812,182 | Building Class | B |
| Price Per SF | $643.52 | Lot Size | 0.84 AC |
| Sale Type | Investment | Building Size | 4,370 SF |
| Cap Rate | 5.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2021 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Price | $2,812,182 |
| Price Per SF | $643.52 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.84 AC |
| Building Size | 4,370 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Opportunity Zone |
Yes |
1 1
Property Taxes
| Parcel Number | 884813427001 | Improvements Assessment | $927,800 |
| Land Assessment | $582,700 | Total Assessment | $1,510,500 |
Property Taxes
Parcel Number
884813427001
Land Assessment
$582,700
Improvements Assessment
$927,800
Total Assessment
$1,510,500
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4200 S York St - Mammoth Car Wash
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