1916 N Division St - Mammoth Car Wash
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1916 N Division St - Mammoth Car Wash
4,800 SF Specialty Building Offered at $7,688,946 CAD at a 7% Cap Rate in Davenport, IA 52804
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
Walk Score ®
Very Walkable (78)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 CAD | |
Land Assessment | $556,169 CAD | Total Assessment | $556,169 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$556,169 CAD
Improvements Assessment
$0 CAD
Total Assessment
$556,169 CAD
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1916 N Division St - Mammoth Car Wash
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