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Mammoth Car Wash 1914 N Division St

4,800 SF Office Building Davenport, IA 52804 $7,525,072 CAD ($1,568 CAD/SF) 7% Cap Rate

Investment Highlights

  • 20-Year Absolute Triple Net (NNN) Lease
  • New Construction | Building was recently built in 2024.
  • Strong Corporate Guarantee | The lease will be subject to a strong corporate guarantee from Mammoth Car Wash (130+ units).

Executive Summary

Bang Realty is pleased to present the exclusive listing for a
Mammoth Car Wash located at 1914 N Division St, Davenport, IA
52804. The site consists of roughly 4,800 rentable square feet of
building space on an estimated 0.21-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

Sale Type
Investment NNN
Property Type
Office
Building Size
4,800 SF
Building Class
C
Year Built
2024
Price
$7,525,072 CAD
Price Per SF
$1,568 CAD
Cap Rate
7%
NOI
$526,755 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.52
Land Acres
0.21 AC
Zoning
Commercial
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A0061-03
Land Assessment
$124,867 CAD
Improvements Assessment
$0 CAD
Total Assessment
$124,867 CAD
  • Listing ID: 33392004

  • Date on Market: 2024-10-03

  • Last Updated:

  • Address: 1914 N Division St, Davenport, IA 52804

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