Mammoth Car Wash
Retail | 6.50% CAP | 2,738 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Mammoth Car Wash located at 2105 South Tamiami Trail, Port Charlotte, FL . The site consists of roughly 2,738 rentable square feet of building space on an estimated .69 -acre parcel of land. Mammoth Car Wash is subject to a 20 -year Triple Net (NNN) lease which will commence upon close of escrow . The annual rent will be $200 ,000 and has scheduled increases of 1.50 % Annually .
Investment highlights
Strong Corporate Guarantee | The lease is backed by Mammoth Holdings, a nationally scaled operator with a diversified portfolio of over 150 locations across 17 states, providing enhanced credit quality and rent security . This corporate guarantee mitigates single -site risk and offers investors the stability of a well- capitalized, institutional-grade tenant.
100% Bonus Depreciation | The investment offers eligibility for 100 % bonus depreciation, allowing investors to accelerate depreciation and potentially shelter a substantial portion of initial cash flow from taxes. Investors should consult their tax advisor to evaluate applicability and individual tax treatment.
Dense Retail Corridor Location | Subject property is positioned in a highly trafficked retail corridor directly across from a Walmart Neighborhood Market and a large multi-tenant shopping center, benefiting from strong daily traffic counts, excellent visibility, and consistent consumer draw from national and regional retailers.
Strong Demographics | The property benefits from a dense and affluent trade area with over 227,000 residents within a 10-mile radius and average household incomes exceeding $77,000 . These strong demographics support sustained consumer demand and long -term tenant performance.
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