Grease Monkey - Valrico 3618 Lithia Pinecrest Rd 2 100 pi² Commerce de détail Immeuble Valrico, FL 33596 3 943 927 $ CAD (1 878,06 $ CAD/pi²) 5,50% Taux de capitalisation

CBRE is pleased to present an opportunity to acquire a brand new (currently under construction) single-tenant property leased to Grease Monkey, an oil change and auto service station concept. The tenant signed a new 15-year, absolute NNN Lease, relieving the landlord of operational and capex expenditures over the life of the lease. The parcel is located in Valrico, Hillsborough County, Florida, just 14 miles east of downtown Tampa.
Grease Monkey is a high-visibility, auto-service investment strategically positioned along a key retail and commuter corridor serving Brandon, Valrico, and the surrounding southeast Hillsborough County trade area. The property benefits from strong daily traffic and excellent consumer exposure, supporting strong branding value for the tenant. Located in one of Hillsborough County's most established suburban markets, the surrounding area is supported by dense rooftops, strong commuter patterns, and an active commercial environment that drives repeat visits and long-term demand. The Valrico and Brandon trade area includes a substantial residential population and a stable base of household spending, underscoring the strength of the surrounding consumer base for auto-oriented and service-based tenants.
Grease Monkey is a well-recognized national automotive service brand with a business model centered on routine maintenance, repeat customer needs, and convenience. The company's established platform and consumer relevance position it as a durable tenant within the essential-service retail space. With automotive service remaining a necessity-driven category, this asset offers attractive long-term fundamentals, durable tenant demand, and strong market-driven real estate characteristics in one of the most active suburban growth areas in the Tampa Bay region.