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Miscellaneous

Mammoth Car Wash

445 US-90, Waveland, MS 39576

Listing Price: $2,916,667

Cap Rate
6.00%
Tenant Name
Mammoth Holdings, LLC
Gross SF
3,508
Guarantor
Corporate Guarantee
Rentable SF
3,508
Price/Gross SF
$831.43
Lease Type
Absolute Net
Rent Per Square Feet
$49.89

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Mammoth Car Wash located at 445 Highway 90 in Waveland, MS. The site consists of 3,508 total square feet of building space and sits on 4.94 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

  • 20-Year Triple-Net (NNN) Lease
  • Corporate Guarantee
  • Accelerated Depreciation
  • Rental Increases

Exclusively Listed By

Miscellaneous

Mammoth Car Wash

Listing Price: $2,916,667

Cap Rate
6.00%
Tenant Name
Mammoth Holdings, LLC
Gross SF
3,508
Guarantor
Corporate Guarantee
Rentable SF
3,508
Price/Gross SF
$831.43
Lease Type
Absolute Net
Rent Per Square Feet
$49.89

Investment Highlights

  • 20-Year Triple-Net (NNN) Lease
  • Corporate Guarantee
  • Accelerated Depreciation
  • Rental Increases

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Mammoth Car Wash located at 445 Highway 90 in Waveland, MS. The site consists of 3,508 total square feet of building space and sits on 4.94 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

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