Miscellaneous
Mammoth Car Wash
4630 53rd Ave E, Bradenton, FL 34203
Listing Price: $6,800,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Mammoth Car Wash located at 4630 53rd Ave E in Bradenton, FL. The site consists of 4,352 total square feet of building space and sits on 1.26 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.
Mammoth Car Wash
Investment Highlights
- A 20-Year Triple-Net (NNN) Lease : At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
- Corporate Guarantee: The Lease will be subject to a Corporate Guarantee by Mammoth Holdings, LLC (99-Unit Operator)
- Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
Listing Price: $6,800,000
Investment Highlights
- A 20-Year Triple-Net (NNN) Lease : At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
- Corporate Guarantee: The Lease will be subject to a Corporate Guarantee by Mammoth Holdings, LLC (99-Unit Operator)
- Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Mammoth Car Wash located at 4630 53rd Ave E in Bradenton, FL. The site consists of 4,352 total square feet of building space and sits on 1.26 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.
