Mammoth Car Wash | 601 W Main St
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Mammoth Car Wash 601 W Main St
4,808 SF Retail Building Anoka, MN 55303 $5,000,000 ($1,040/SF) 7% Cap Rate
Investment Highlights
- Long-Term NNN Sale Leaseback | The site will be subject to a new 20-year lease commencing at close of escrow.
- Strong Corporate Guarantee | The lease is subject to a corporate guarantee by Mammoth Holdings, LLC (130+ Unit Operator).
- Attractive Annual Rent Increases | The lease includes 1.50% annual rental increases.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a
Mammoth Car Wash located at 601 W Main St, Anoka, MN
55303. The site consists of roughly 4,808 rentable square feet of
building space on an estimated 0.36-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 $350,000 and has scheduled increases of 1.50%
Annually.
Mammoth Car Wash located at 601 W Main St, Anoka, MN
55303. The site consists of roughly 4,808 rentable square feet of
building space on an estimated 0.36-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 $350,000 and has scheduled increases of 1.50%
Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,808 SF
Building Class
B
Year Built
2024
Price
$5,000,000
Price Per SF
$1,040
Cap Rate
7%
NOI
$350,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Land Acres
0.36 AC
PROPERTY TAXES
| Parcel Number | 01-31-25-24-0045 | Improvements Assessment | $0 |
| Land Assessment | $238,300 | Total Assessment | $238,300 |
PROPERTY TAXES
Parcel Number
01-31-25-24-0045
Land Assessment
$238,300
Improvements Assessment
$0
Total Assessment
$238,300
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Power Broker Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Andrew Darby -
NNN Pro Group
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Mammoth Car Wash | 601 W Main St
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