Auto Service - Gas-Conv
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.
Grease Monkey
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
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
