6801 Lloyd Expy - Mammoth Car Wash
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6801 Lloyd Expy - Mammoth Car Wash
4,667 SF Specialty Building Offered at $4,285,714 at a 7% Cap Rate in Evansville, IN 47715
Investment Highlights
- 20-Year Triple-Net (NNN) Lease: At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease
- Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
- Corporate Guarantee: The Lease will be Subject to a Corporate Guarantee by Mammoth Holdings, LLC (100+ Unit Operator)
Executive Summary
NNN Pro Group is pleased to present the exclusive listing for a Mammoth Car Wash located at 6801 Lloyd Expressway in Evansville, Indiana. The site consists of 4,667 total square feet of building space and sits on 1.81 acres of land. The site will be subject to a 20-year sale-leaseback with Mammoth Holdings, LLC. The lease will call for 1.50% annual rental escalations during the base term and throughout the four, five-year renewal option periods.
Property Facts
| Price | $4,285,714 | Building Class | B |
| Price Per SF | $918 | Lot Size | 3.22 AC |
| Sale Type | Investment | Building Size | 4,667 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Car Wash | Parking Ratio | 1.93/1,000 SF |
| Price | $4,285,714 |
| Price Per SF | $918 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 3.22 AC |
| Building Size | 4,667 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 1.93/1,000 SF |
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Power Broker Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Andrew Darby -
NNN Pro Group
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6801 Lloyd Expy - Mammoth Car Wash
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