2120 Sheyenne StWest Fargo, ND 58078

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.