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Grease Monkey

234 Fairview Rd, Ellenwood, GA 30294

Listing Price: $950,000

Cap Rate
6.50%
Tenant Name
Grease Monkey
Years Remaining On Lease
8.6
Gross SF
1,799
Guarantor
Corporate Guarantee
Rentable SF
1,799
Price/Gross SF
$528.07
Lease Type
Absolute Net
Rent Per Square Feet
$34.31

Investment Overview

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

Investment Highlights

  • 8.75 Years Remaining on Absolute Triple-Net Lease with Zero Landlord Responsibilities
  • 10% Rent Increase in July 2027 & 2 x 5-Year Options both with Additional 10% Rent Increases
  • Corporate Guaranty by Grease Monkey International, one of the Largest Oil Change Operators in the Nation - 500+| Locations, Approximately $350 Million in Annual Revenue
  • Positioned along Primary Ellenwood, GA Retail Corridor Fairview Rd (24k VPD) including Two Grocers (Grocer & Ingles)

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Auto Service - Gas-Conv

Grease Monkey

Listing Price: $950,000

Cap Rate
6.50%
Tenant Name
Grease Monkey
Years Remaining On Lease
8.6
Gross SF
1,799
Guarantor
Corporate Guarantee
Rentable SF
1,799
Price/Gross SF
$528.07
Lease Type
Absolute Net
Rent Per Square Feet
$34.31

Investment Highlights

  • 8.75 Years Remaining on Absolute Triple-Net Lease with Zero Landlord Responsibilities
  • 10% Rent Increase in July 2027 & 2 x 5-Year Options both with Additional 10% Rent Increases
  • Corporate Guaranty by Grease Monkey International, one of the Largest Oil Change Operators in the Nation - 500+| Locations, Approximately $350 Million in Annual Revenue
  • Positioned along Primary Ellenwood, GA Retail Corridor Fairview Rd (24k VPD) including Two Grocers (Grocer & Ingles)

Investment Overview

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

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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