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Miscellaneous

Mammoth Car Wash

4630 53rd Ave E, Bradenton, FL 34203

Listing Price: $6,800,000

Cap Rate
5.00%
Tenant Name
Mammoth Holdings, LLC
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
4,352
Lease Type
Absolute Net
Rent Per Square Feet
$78.12

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.

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

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Miscellaneous

Mammoth Car Wash

Listing Price: $6,800,000

Cap Rate
5.00%
Tenant Name
Mammoth Holdings, LLC
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
4,352
Lease Type
Absolute Net
Rent Per Square Feet
$78.12

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.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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