Grease Monkey with Car Wash 115 & 119 E Gibson St 5 396 pi² Commerce de détail Immeuble Jasper, TX 75951 2 975 828 $ CAD (551,49 $ CAD/pi²) 7% Taux de capitalisation

This offering presents a rare opportunity to acquire a single-tenant, absolute net lease Grease Monkey investment located at 115 & 119 E. Gibson Street in Jasper, Texas, featuring zero landlord responsibilities and a long-term lease with approximately 7.5 years remaining. The property is leased to Grease Monkey International, LLC, a nationally recognized operator with 500+ locations, and includes built-in rent increases of 10% every five years, providing strong income growth. Strategically positioned along US-190 (±19,400 VPD) in Jasper’s primary retail corridor, the asset benefits from excellent visibility, strong regional access, and proximity to major national retailers. The site features a dual-income automotive service model (oil change facility + express tunnel car wash), enhancing revenue stability and resistance to e-commerce disruption. Offered at a 7.00% cap rate with NOI of $152,345, this investment combines durable cash flow, corporate-backed tenancy, and a dominant location within a stable, service-driven East Texas market.