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Grease Monkey

1079 W Maple Ave, Mundelein, IL 60060

Listing Price: $1,506,000

Cap Rate
6.70%
Tenant Name
Grease Monkey
Years Remaining On Lease
12.6
Gross SF
1,800
Guarantor
Corporate Guarantee
Rentable SF
1,800
Price/Gross SF
$836.67
Lease Type
Double Net
Rent Per Square Feet
$56.08

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Grease Monkey in Mundelein, IL.

Investment Highlights

  • 12.5+ Years Remaining on Double-Net Lease
  • Ten Percent Rental Increases Every 5-Years and Three, Five-Year Options
  • Top Ranking Grease Monkey Location - 91st Percentile Nationwide
  • Affluent Demographics in Immediate Trade Area - $157,098 Average Household Income

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Auto Service - Gas-Conv

Grease Monkey

Listing Price: $1,506,000

Cap Rate
6.70%
Tenant Name
Grease Monkey
Years Remaining On Lease
12.6
Gross SF
1,800
Guarantor
Corporate Guarantee
Rentable SF
1,800
Price/Gross SF
$836.67
Lease Type
Double Net
Rent Per Square Feet
$56.08

Investment Highlights

  • 12.5+ Years Remaining on Double-Net Lease
  • Ten Percent Rental Increases Every 5-Years and Three, Five-Year Options
  • Top Ranking Grease Monkey Location - 91st Percentile Nationwide
  • Affluent Demographics in Immediate Trade Area - $157,098 Average Household Income

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Grease Monkey in Mundelein, IL.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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