4916 Marion Rd Sioux Falls, SD 57106

This exceptional investment opportunity presents a fee-simple Mammoth Car Wash located at 4916 S Marion Rd, Sioux Falls, SD 57106. The property boasts 5,746 square feet on a 1.18-acre lot, built in 2006. Currently operating under a 14.9-year Triple Net (NNN) lease commencing July 24, 2024, and expiring June 30, 2039, this car wash offers a remaining lease term of approximately 14.6 years. The lease features a strong corporate guarantee and attractive annual rent increases of 1.50%. The current annual net operating income (NOI) is $225,000, resulting in a compelling 6.90% capitalization rate. The asking price is $3,260,870, translating to a price per square foot of $567.50. This is a rare opportunity to acquire a well-established, high-performing car wash with a long-term, secure lease in a prime location within Minnehaha County. The property's strong financials and long-term lease make it an ideal addition to any investment portfolio. The lease structure minimizes landlord responsibilities, providing a passive income stream with built-in growth potential.