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Corp Grease Monkey | Car Wash & Detail Center 309 S Timberland Dr 9 653 pi² Commerce de détail Immeuble Lufkin, TX 75901 5 129 063 $ CAD (531,34 $ CAD/pi²) 7% Taux de capitalisation
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Faits saillants de l'investissement
- CORPORATE ABSOLUTE NNN LEASE – LAND AND BUILDING
- LARGE PARCEL – 1.59 ACRES
- VALUE ADD/REDEVELOPMENT OF CAR WASH
- 10% RENT INCREASE IN 2028
- DOWNTOWN LUFKIN LOCATION
- HIGH TRAFFIC COUNTS
Résumé de l'annonce
Grease Monkey pays rent on the entire property — the oil change center, the full-service car wash tunnel and the detail center — but currently operates only the oil change component and is not fully operating the car wash and detail center, which sits on its own separate legal parcel.
That parcel separation is the opportunity: an investor collects passive, corporate-guaranteed income with 10% increases for the next 7+ years while retaining the flexibility to re-lease the car wash to a dedicated operator and negotiate a new long-term lease with Grease Monkey on the oil change parcel, sell the car wash parcel separately to a car wash operator and take chips off the table, or hold and redevelop the entire 1.59-acre site — all while the tenant continues to pay full rent on the whole property.
Faits sur la propriété
Commodités
- Voie de virage obligatoire
- Affichage
- Intersection avec signalisation
- Affichage sur monument
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
-
- Services
- 9 653 pi²
- 37,18 $ CAD
- Loyer hypernet
- Oct. 2033
Founded in 1978 and headquartered in Denver, Colorado, the Grease Monkey® brand currently operates centers internationally with operations in Mexico, China, Colombia and Saudi Arabia. Grease Monkey® is the nation’s largest independent franchisor of automotive oil change centers. Grease Monkey® International, LLC is the nation’s largest independent franchisor of automotive oil change centers serving many customers each year. Many Grease Monkey® centers are franchisee owned and operated. Their franchisees are entrepreneurs who come from a wide range of backgrounds and experience. Besides offering needed maintenance services to car and truck owners, Grease Monkey® franchisees play an important role as business owners, employers, supporters, and good citizens in the communities they serve.
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
|
|
Services | 9 653 pi² | 37,18 $ CAD | Loyer hypernet | Oct. 2033 |
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 92602 | Évaluation des bâtiments | 481 319 $ CAD |
| Évaluation du terrain | 68 107 $ CAD | Évaluation totale | 549 426 $ CAD |
Impôts fonciers
Présenté par
Corp Grease Monkey | Car Wash & Detail Center | 309 S Timberland Dr
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