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1916 N Division St - Mammoth Car Wash

4,800 SF Specialty Building Offered at $5,357,143 at a 7% Cap Rate in Davenport, IA 52804

Car Washes Iowa Davenport 1916 N Division St, 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.

Property Facts

Price $5,357,143 Building Class C
Price Per SF $1,116 Lot Size 0.90 AC
Sale Type Investment NNN Building Size 4,800 SF
Cap Rate 7% No. Stories 1
Property Type Specialty Year Built 2024
Property Subtype
Car Wash
  • General Retail Freestanding
 Parking Ratio 2.08/1,000 SF
Price $5,357,143
Price Per SF $1,116
Sale Type Investment NNN
Cap Rate 7%
Property Type Specialty
Property Subtype
Car Wash
  • General Retail Freestanding
Building Class C
Lot Size 0.90 AC
Building Size 4,800 SF
No. Stories 1
Year Built 2024
Parking Ratio 2.08/1,000 SF
1 of 1
1916 N Division St, Davenport, IA - aerial map view
Walk Score ®
Very Walkable (78)
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PROPERTY TAXES

Parcel Numbers
Multiple
  • A0061-03
  • A0061-07
  • A0061-05
  • A0061-04
  • A0061-06
  • A0061-08
 Improvements Assessment $0
Land Assessment $388,590 Total Assessment $388,590

PROPERTY TAXES

Parcel Numbers
Multiple
  • A0061-03
  • A0061-07
  • A0061-05
  • A0061-04
  • A0061-06
  • A0061-08
Land Assessment
$388,590
Improvements Assessment
$0
Total Assessment
$388,590
(513) 300-0763

Contact

  • Listing ID: 33392004

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 1916 N Division St, Davenport, IA 52804

More public record information on 1916 N Division St, Davenport, IA 52804

The Specialty Property at 1916 N Division St, Davenport, IA 52804 is currently available for sale. Contact Bang Realty for more information.

Specialty PROPERTIES IN NEARBY NEIGHBORHOODS

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1916 N Division St - Mammoth Car Wash
(513) 300-0763 x

1916 N Division St - Mammoth Car Wash

Brian Brockman

(513) 300-0763

(513) 300-0763

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