Mammoth Car Wash | 1914 N Division St
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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.
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
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)
PROPERTY TAXES
Parcel Number | A0061-03 | Improvements Assessment | $0 CAD |
Land Assessment | $124,867 CAD | Total Assessment | $124,867 CAD |
PROPERTY TAXES
Parcel Number
A0061-03
Land Assessment
$124,867 CAD
Improvements Assessment
$0 CAD
Total Assessment
$124,867 CAD
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Mammoth Car Wash | 1914 N Division St
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