Mammoth Car Wash
5,216 SF Specialty Building Offered at $4,217,508 at a 6.50% Cap Rate in Killeen, TX 76549
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,217,508
- Property Type
-
Specialty
- Square Feet
- 5,216 SF
- Price / Square Foot
- $809
Listing Contacts
Glen Kunofsky
Verified Profile
Edward Otocka
Verified Profile
Amelia Haydock
Verified Profile
Andrew Darby
Verified Profile
- Property Info
Property Overview
NNN Pro Group is pleased to present the exclusive listing for a Mammoth Car Wash located at 1322 W Stan Schlueter Loop, Killeen, Texas. The site consists of 5,216 total square feet of building space and sits on 1.40 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 Details
- Year Built
- 2018
- Stories
- 1
- Lot Size (sq. ft)
- 60,984 SF
Highlights
- At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
- The Lease will be Subject to a Corporate Guarantee by Mammoth Holdings, LLC (130+ Unit Operator)
- The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
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