601 Main St, Anoka, MN 55303-2528

This exceptional investment opportunity presents a brand-new, 4,808-square-foot car wash located at 601 W Main St, Anoka, MN 55303. Built in 2024, this single-tenant property sits on a 0.36-acre lot and boasts a strong 100% occupancy rate. The property is subject to a 20-year triple-net (NNN) lease with a corporate guarantee from Mammoth Holdings, LLC, a significant operator with over 130 units. The current annual net operating income (NOI) is $350,000, representing a 7.00% capitalization rate. The lease includes attractive annual rent increases of 1.50%, ensuring consistent income growth. This investment qualifies for accelerated and bonus depreciation, offering significant tax advantages. The asking price is $5,000,000, translating to $1,039.93 per square foot. This is a rare opportunity to acquire a high-performing, long-term, and secure car wash investment in a prime Anoka location. The property's strong tenant, lease terms, and location make it an ideal addition to any investment portfolio. The substantial remaining lease term of 20 years provides exceptional stability and predictable cash flow.