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Mammoth Car Wash 1924 Cornhusker Dr 3,805 SF 4-Star Retail Building South Sioux City, NE 68776 $4,479,522 CAD ($1,177.27 CAD/SF) 6.90% Cap Rate
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
$4,479,522 CAD
Price Per SF
$1,177.27 CAD
Cap Rate
6.90%
NOI
$309,087 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.10 AC
Zoning
03 - Commercial
Frontage
211’ on Cornhusker Drive
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 220171246 | Improvements Assessment | $1,672,702 CAD |
| Land Assessment | $307,835 CAD | Total Assessment | $1,980,538 CAD |
Property Taxes
Parcel Number
220171246
Land Assessment
$307,835 CAD
Improvements Assessment
$1,672,702 CAD
Total Assessment
$1,980,538 CAD
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Mammoth Car Wash | 1924 Cornhusker Dr
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