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1924 Cornhusker Dr
South Sioux City, NE 68776
Mammoth Car Wash · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Absolute Triple-Net (NNN) Lease
- Strong Corporate Guarantee
- Attractive Annual Rent Increases
EXECUTIVE SUMMARY
Bang Realty is pleased to present the exclusive listing for a Mammoth Car Wash located at 1924 Cornhusker Drive, South Sioux City, NE 68776. The site consists of roughly 9,124 rentable square feet of building space on an estimated 1.1-acre parcel of land. This Mammoth Car Wash is subject to a 14.94-year Triple Net (NNN) lease, which commenced 7/24/2024. The current annual rent is $225,000 and has scheduled increases of 1.50% Annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,805 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Price
$4,489,501 CAD
Price Per SF
$1,179.90 CAD
Cap Rate
6.90%
NOI
$309,776 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.10 AC
Zoning
03 - Commercial
Frontage
211’ on Cornhusker Drive
PROPERTY TAXES
| Parcel Number | 220171246 | Improvements Assessment | $1,722,087 CAD |
| Land Assessment | $316,924 CAD | Total Assessment | $2,039,011 CAD |
PROPERTY TAXES
Parcel Number
220171246
Land Assessment
$316,924 CAD
Improvements Assessment
$1,722,087 CAD
Total Assessment
$2,039,011 CAD
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