Mister Car Wash | Ground Lease | Mankato, MN — Sale in Mankato, MN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mankato, MN 56001

Description

Mister Car Wash | Ground Lease | Mankato, MN 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.

Market Context

This retail in Mankato, MN is listed for sale. It has been on the market for 195 days. Compare it against other retail listings for sale in Mankato, MN — view the full market.

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