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1221 W 41st St
Sioux Falls, SD 57105

$3,649,635 USD

Carwash For Sale  •  6,276 SF

Property Details

  • Property Type Carwash
  • Total Building Size 6,276 SF
  • Lot Size 0.91 AC
  • Building Class B
  • Year Built 1987
  • Cap Rate 6.85 %
  • Zoning NO;SPECIAL
22 Transit Score
73 Walk Score

Highlights

Absolute NNN Lease - Long-term absolute NNN lease with zero landlord responsibilities.
Established Tenant - The tenant has operated successfully at this location since 2019. Founded in 2010.
E-Commerce Resistant Property - Car washes are insulated from online retail disruption, as their services cannot be replicated or replaced online.
Potential Tax Advantages - Car wash properties are eligible for bonus depreciation benefits.
Strong Market Fundamentals - Sioux Falls boasts a diversified economy anchored by healthcare, finance, and retail.
Solid Demographics - Sioux Falls has posted consistent double-digit population growth every census for the last century.

Property Flyers

Cap Rate: 6.85 %

Public Transportation

AirportDriveWalkDistance
Joe Foss Field 15 min - 5.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Brian Brockman 513-300-0763 Bang Realty
Brian Brockman 513-300-0763 Bang Realty