Property summary
This exceptional investment opportunity presents a 4,808-square-foot car wash located at 2120 Sheyenne St, West Fargo, ND 58078. The property sits on a 0.88-acre lot and boasts a brand-new, 20-year triple-net (NNN) lease with a corporate guarantee from Mammoth Holdings, LLC, a significant operator with 130+ units. The lease ensures no landlord responsibilities and includes 1.50% annual rental increases, providing consistent and growing income. The asking price is $3,000,000, representing a compelling 7.00% cap rate and a $623.96 price per square foot. Built in 2022, this property qualifies for 15-year accelerated depreciation and bonus depreciation, offering significant tax advantages. The strong tenant, long-term lease, and attractive financial metrics make this a highly desirable investment opportunity in a thriving location. The Net Operating Income (NOI) is $210,000. This single-tenant property offers a secure and passive income stream with built-in growth potential. The lease structure minimizes landlord responsibilities, making it an ideal investment for passive income seekers. The property's location in West Fargo, North Dakota, offers excellent visibility and accessibility.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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