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Mammoth Holdings

$ 3,200,000
Carbondale, Illinois
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Newly Listed

Address: 750 N. Giant City Rd., Carbondale, Illinois, United States 62902

Type: Net Leased Car Wash

Cap Rate: 6.25%

Lease Type: Triple Net Lease

Annual Rent: $200,000

Net Operating Income: $200,000

Options: Four, Five-Year Options

Rentable Sq/Ft: 5,056 SF

Rent Sq/Ft: $39.56

Price Sq/Ft: $633

Lot Size: +/- 1.44 Acres

Marcus & Millichap is pleased to present the exclusive listing for the Mammoth Car Wash located at 750 North Giant City Road in Carbondale, Illinois. The site consists of 5,056 total square feet of building space and sits on 1.44 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.

 

B.O.R: Steven Weinstock License: 471.011175

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Glen Kunofsky

President, Founder
(212) 430-5115

William Taussig

Analyst
(646) 805-1489