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6017 SE 14th St - Mammoth Car Wash 4,800 SF Specialty Building Offered at $5,357,143 at a 7% Cap Rate in Des Moines, IA 50320
INVESTMENT HIGHLIGHTS
- Affluent Suburban Community
- Strong Traffic Counts
- Des Moines International Airport
- Strong Retail Corridor
- Strong Academic Presence
- Strong Demographics
EXECUTIVE SUMMARY
Bang Realty is pleased to present the exclusive listing for a Mammoth Car Wash located at 6017 SE 14th St, Des Moines, IA 50320. The site consists of roughly 4,800 rentable square feet of building space on an estimated 1.72-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 $375,000 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
| Price | $5,357,143 | Building Class | B |
| Price Per SF | $1,116.07 | Lot Size | 1.72 AC |
| Sale Type | Investment | Building Size | 4,800 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Property Subtype | Car Wash | ||
| Zoning | C-2 | ||
| Price | $5,357,143 |
| Price Per SF | $1,116.07 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.72 AC |
| Building Size | 4,800 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Zoning | C-2 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,233,000 | |
| Land Assessment | $1,484,000 | Total Assessment | $2,717,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,484,000
Improvements Assessment
$1,233,000
Total Assessment
$2,717,000
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6017 SE 14th St - Mammoth Car Wash
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