9284 Baltimore St Blaine, MN 55449

This exceptional investment opportunity presents a fully occupied, 4,652 square foot car wash situated on a 3-acre lot at 9284 Baltimore St NE, Blaine, Minnesota, 55449. The property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $338,000. A newly renovated facility (2023) ensures modern amenities and operational efficiency. The sale includes a 20-year triple-net (NNN) lease with Mammoth Holdings, LLC, a reputable 130+ unit operator, providing a corporate guarantee and minimizing landlord responsibilities. The lease features attractive 1.50% annual rental escalations throughout the base term and four, five-year renewal option periods. This investment qualifies for 15-year accelerated depreciation and bonus depreciation, further enhancing its financial appeal. The asking price is $4,828,571, translating to $1,037.96 per square foot. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential in a prime location. The property's size and location offer excellent visibility and accessibility, contributing to its consistent high occupancy rate of 100%. This is a turnkey investment ideal for passive income generation and long-term capital appreciation.