Skip to main content

Auto Service - Gas-Conv

Minit Man Oil Change

5342 Kostoryz Rd, Corpus Christi, TX 78415

Listing Price: $2,045,000

Cap Rate
8.07%
Tenant Name
Minit Man Oil Change
Years Remaining On Lease
11.6
Gross SF
1,688
Guarantor
Corporate Guarantee
Rentable SF
1,688
Price/Gross SF
$1,211.49
Lease Type
Absolute Net
Rent Per Square Feet
$97.73

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Minit Man Oil Change in Courpus Christi, TX. The property consists of a 1,688-square-foot, freestanding building that sits on approximately 0.22 acres of land. There are 11.7 years remaining on the lease with 2% rental increases annually.

Investment Highlights

  • Absolute Net Lease With 11.7 Years Remaining
  • Attractive 2 Percent Annual Rental Increases
  • Corporate Guarantee from Grease Monkey International, LLC
  • Excellent Visibility on Kostoryz Road with Easy Access to South Padre Island Drive (Combined 161,667 VPD)
  • More Than 217,154 Residents Within a Five-Mile Radius

Exclusively Listed By

Auto Service - Gas-Conv

Minit Man Oil Change

Listing Price: $2,045,000

Cap Rate
8.07%
Tenant Name
Minit Man Oil Change
Years Remaining On Lease
11.6
Gross SF
1,688
Guarantor
Corporate Guarantee
Rentable SF
1,688
Price/Gross SF
$1,211.49
Lease Type
Absolute Net
Rent Per Square Feet
$97.73

Investment Highlights

  • Absolute Net Lease With 11.7 Years Remaining
  • Attractive 2 Percent Annual Rental Increases
  • Corporate Guarantee from Grease Monkey International, LLC
  • Excellent Visibility on Kostoryz Road with Easy Access to South Padre Island Drive (Combined 161,667 VPD)
  • More Than 217,154 Residents Within a Five-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Minit Man Oil Change in Courpus Christi, TX. The property consists of a 1,688-square-foot, freestanding building that sits on approximately 0.22 acres of land. There are 11.7 years remaining on the lease with 2% rental increases annually.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower