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Minit Man Oil Change
5342 Kostoryz Rd, Corpus Christi, TX 78415
Listing Price: $2,172,287
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire a Minit Man Oil Change in Corpus Christi, Texas. The property consists of a 1,688-square-foot, freestanding building that sits on 0.22 acres of land. There are 12.5 years remaining on the current lease term and two, 5-year options remaining.
Investment Highlights
- Absolute Net Lease with 12.5 Years Remaining
- Attractive 2 Percent Annual Rental Increases
- Corporate Guarantee from Grease Monkey International, LLC
- Excellent Visibility on Kostoryz Road with Easy Access to South Padre Island Drive (Combined 161,667 VPD)
- More than 217,154 Residents Within a Five-Mile Radius
- Home to the Port of Corpus Christi, the Third-Largest Port in the U.S.
- Near Texas A&M University-Corpus Christi Campus (12,174 Students Enrolled)
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Financing By
Listing Price: $2,172,287
Investment Highlights
- Absolute Net Lease with 12.5 Years Remaining
- Attractive 2 Percent Annual Rental Increases
- Corporate Guarantee from Grease Monkey International, LLC
- Excellent Visibility on Kostoryz Road with Easy Access to South Padre Island Drive (Combined 161,667 VPD)
- More than 217,154 Residents Within a Five-Mile Radius
- Home to the Port of Corpus Christi, the Third-Largest Port in the U.S.
- Near Texas A&M University-Corpus Christi Campus (12,174 Students Enrolled)
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire a Minit Man Oil Change in Corpus Christi, Texas. The property consists of a 1,688-square-foot, freestanding building that sits on 0.22 acres of land. There are 12.5 years remaining on the current lease term and two, 5-year options remaining.