Auto Service - Gas-Conv
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.
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.
