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Miscellaneous

Mammoth Car Wash

4600 University Dr, Evansville, IN 47712

Listing Price: $2,333,333

Cap Rate
6.00%
Tenant Name
Mammoth Holdings, LLC
Gross SF
4,828
Guarantor
Corporate Guarantee
Rentable SF
4,828
Price/Gross SF
$483.29
Lease Type
Absolute Net
Rent Per Square Feet
$29.00

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Mammoth Car Wash located at 4600 University Drive in Evansville, IN. The site consists of 4,828 total square feet of building space and sits on 1.34 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
  • Corporate Guarantee
  • Accelerated Depreciation
  • Rental Increases

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Listing Price: $2,333,333

Cap Rate
6.00%
Tenant Name
Mammoth Holdings, LLC
Gross SF
4,828
Guarantor
Corporate Guarantee
Rentable SF
4,828
Price/Gross SF
$483.29
Lease Type
Absolute Net
Rent Per Square Feet
$29.00

Investment Highlights

  • A 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 4600 University Drive in Evansville, IN. The site consists of 4,828 total square feet of building space and sits on 1.34 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

  • Josh Caruana

    First Vice President/Regional Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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