Auto Service - Gas-Conv
Grease Monkey
315 Broad St, Manchester, CT 06040
Listing Price: $2,183,934
Investment Overview
TOP 5 PERFORMING STORE IN 500+ SYSTEM LONG OPERATING HISTORY - 40+ YEARS EXPERIENCE 15 YEAR ABSOLUTE TRIPLE NET (NNN) LEASE CORPORATE GUARANTEED 12 YEARS REMAINING FROM LEASE SUCCESSFUL BUSINESS MODEL HIGH MARGIN & LOW OVERHEAD EXPENSES DENSE TRADE AREA SURROUNDED BY NATIONALLY RECOGNIZED TENANTS
Grease Monkey
Investment Highlights
- TOP 5 PERFORMING STORE IN 500+ SYSTEM | LONG OPERATING HISTORY | 40+ YEARS EXPERIENCE
- 15 YEAR ABSOLUTE TRIPLE NET (NNN) LEASE | CORPORATE GUARANTEED | 12 YEARS REMAINING FROM LEASE
- SUCCESSFUL BUSINESS MODEL | HIGH MARGIN & LOW OVERHEAD EXPENSES
- AUTOMOTIVE CORRIDOR | DENSE TRADE AREA SURROUNDED BY NATIONALLY RECOGNIZED TENANTS
- Attractive Rental Structure of 10% Increases every 5 years, providing a hedge against inflation.
- Oil change services revenue has grown at an annual growth rate of 5.0% to $10.6 billion over the past five years
- Subject Property is Adjacent a Large Shopping Center and many national retailers such as; Planet Fitness, Dollar Tree, Sally Beauty, Stop and Shop, CVS, Wendy's, Family Dollar, Save a lot, Auto Zone, McDonalds, Bank of America, DTLR, Rainbow and more.
Exclusively Listed By
Financing By
Listing Price: $2,183,934
Investment Highlights
- TOP 5 PERFORMING STORE IN 500+ SYSTEM | LONG OPERATING HISTORY | 40+ YEARS EXPERIENCE
- 15 YEAR ABSOLUTE TRIPLE NET (NNN) LEASE | CORPORATE GUARANTEED | 12 YEARS REMAINING FROM LEASE
- SUCCESSFUL BUSINESS MODEL | HIGH MARGIN & LOW OVERHEAD EXPENSES
- AUTOMOTIVE CORRIDOR | DENSE TRADE AREA SURROUNDED BY NATIONALLY RECOGNIZED TENANTS
- Attractive Rental Structure of 10% Increases every 5 years, providing a hedge against inflation.
- Oil change services revenue has grown at an annual growth rate of 5.0% to $10.6 billion over the past five years
- Subject Property is Adjacent a Large Shopping Center and many national retailers such as; Planet Fitness, Dollar Tree, Sally Beauty, Stop and Shop, CVS, Wendy's, Family Dollar, Save a lot, Auto Zone, McDonalds, Bank of America, DTLR, Rainbow and more.
Investment Overview
TOP 5 PERFORMING STORE IN 500+ SYSTEM LONG OPERATING HISTORY - 40+ YEARS EXPERIENCE 15 YEAR ABSOLUTE TRIPLE NET (NNN) LEASE CORPORATE GUARANTEED 12 YEARS REMAINING FROM LEASE SUCCESSFUL BUSINESS MODEL HIGH MARGIN & LOW OVERHEAD EXPENSES DENSE TRADE AREA SURROUNDED BY NATIONALLY RECOGNIZED TENANTS
Exclusively Listed By
Financing By
