Mammoth Car Wash

Decatur, Georgia

NNN Pro is pleased to present the exclusive listing for the Mammoth Car Wash located at 4947 Covington Highway, Decatur, GA. The site consists of 3,456 total square feet of building space and sits on 1.19 acres of land. This Mammoth Car Wash is subject to a 22-year absolute triple-net (NNN) lease, which commenced July 26th, 2018. The current annual rent is $329,875 and is scheduled to increase by 1.50% annually throughout the base term and in each of the 2, 10-year renewal options.

About the Investment:

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 16.9 Years Remaining
✓ Corporate Guarantee: The Lease is Subject to a Corporate Guarantee by Mammoth Holdings, LLC (100+ Unit Operator)
✓ Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
✓ Rental Increases: The Lease will Include 1.50% Annual Rental Increases