Auto Service - Gas-Conv
Grease Monkey
10405 Slide Rd, Lubbock, TX 79424
Listing Price: $2,480,000
Cap Rate
6.25%
Tenant Name
Grease Monkey
Gross SF
6,780
Guarantor
Personal Guarantee
Rentable SF
6,780
Price/Gross SF
$365.78
Lease Type
Absolute Net
Rent Per Square Feet
$22.86
Investment Overview
Marcus & Millichap is pleased to offer for sale a Grease Monkey business and real estate opportunity in Lubbock, TX.
Grease Monkey
Investment Highlights
- Brand New 15-Year Absolute NNN Lease with Reputable Operator
- This property is strategically positioned along Slide Road, one of Lubbock's busiest commercial corridors, with daily traffic counts exceeding 19,200 vehicles.
- Just minutes from Texas Tech University, the site attracts traf{c from over 42,000 students and faculty.
- Beyond its service bays, this Grease Monkey features a larger footprint building of 7,228 square feet, and a fully operational car wash, offering multiple income streams and flexibility for future operators.
- Texas Advantage - No State Income Tax
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
Listing Price: $2,480,000
Cap Rate
6.25%
Tenant Name
Grease Monkey
Gross SF
6,780
Guarantor
Personal Guarantee
Rentable SF
6,780
Price/Gross SF
$365.78
Lease Type
Absolute Net
Rent Per Square Feet
$22.86
Investment Highlights
- Brand New 15-Year Absolute NNN Lease with Reputable Operator
- This property is strategically positioned along Slide Road, one of Lubbock's busiest commercial corridors, with daily traffic counts exceeding 19,200 vehicles.
- Just minutes from Texas Tech University, the site attracts traf{c from over 42,000 students and faculty.
- Beyond its service bays, this Grease Monkey features a larger footprint building of 7,228 square feet, and a fully operational car wash, offering multiple income streams and flexibility for future operators.
- Texas Advantage - No State Income Tax
Investment Overview
Marcus & Millichap is pleased to offer for sale a Grease Monkey business and real estate opportunity in Lubbock, TX.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
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