Mister Car Wash | Ground Lease | Mankato, MN 1541 Madison Avenue
Mankato, MN 56001
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Retail For Sale - Available Immediately
Mister Car Wash | Ground Lease | Mankato, MN
Mister Car Wash (NADAQ: MCW) has entered into a long term ground lease with no Landlord expense responsibilities
Corporate Guarantee with 13.5 Years Remaining & Attractive Rent Increases
Mister Car Wash is the largest Car Wash Operator in North America with over 500+ Locations.
There are no direct national competitors in the trade area.
Heart of the Primary Retail Corridor in Mankato
Mankato, MN is the county seat of Blue Earth County and home to Minnesota State University, the second largest university in the State of Minnesota with enrollment exceeding 15,000 students.
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Sean Doyle
SD
AJ Prins
AP
CBRE is pleased to present the exclusive opportunity to acquire a recently developed absolute net leased asset in Mankato, MN. The property features a corporately guaranteed Mister Car Wash ground lease with 13.5 years of lease term remaining. Mister Car Wash is a publicly traded company with a market cap of $2.26B (NASDAQ: MCW) and is the largest car wash operator in North America with over 500 locations. This property is well positioned in the center of a dense retail corridor on Madison Avenue in Mankato. The Madison Avenue retail corridor features numerous national retailers including Sam’s Club, Walmart, Target, Aldi and many others. This is an excellent opportunity for an investor to acquire a passive investment with a corporate guarantee located on the highest trafficked retail corridor in Mankato. Mankato, MN is the county seat of Blue Earth County and home to Minnesota State University, the second largest university in the State of Minnesota with enrollment exceeding 15,000 students.
Mankato, MN is located in south-central Minnesota, approximately 80 miles southwest of the Twin Cities. Situated along the scenic Minnesota River, Mankato offers a picturesque setting with rolling hills, lush greenery and abundant outdoor recreational opportunities. The city serves as the county seat of Blue Earth County and is considered a regional hub for commerce, education, and healthcare. With its prime location, Mankato provides easy access to major highways and transportation routes, making it a convenient destination for both residents and visitors alike.
Sale Price
Contact Broker For Pricing
Get in touch
Sean Doyle
SD
AJ Prins
AP