Property profile

4008 Deegan Ave Monticello, MN 55362

OFF-MARKET
Car washes
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Property summary

AI-generated overview

NNN Pro Group is pleased to present the exclusive listing for a Take 5 Car Wash located at 4008 Deegan Avenue in Monticello, Minnesota. The site consists of roughly 4,146 rentable square feet of building space on estimated 1.24-acre parcel of land. This Take 5 Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which commences at the Close of Escrow. The current annual rent is $220,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.

Property profile

Verified
Property type Car washes

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4008 Deegan Ave Monticello, MN 55362
Monticello metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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