Investment Overview

Grease Monkey is a well-established, long-term tenant operating for over 10 years at its 2,520 SF building on 0.70 acres along NE Fourth Plain Boulevard, a highly trafficked corridor with more than 39,000 vehicles per day (VPD). Built in 2001, the property benefits from a low-maintenance structure with the owner only responsible for the roof, walls, and foundation of the Grease Monkey facility. The site sits adjacent to Caliber Collision, from which the property receives full reimbursement of real estate taxes, further enhancing stability and predictable expenses for ownership. Both Grease Monkey and Dev’s Coffee Bar leases include annual CPI rent increases, ensuring reliable rental growth over time. Adding complementary value to the lot, Dev’s Coffee Bar operates a 160 SF double drive-thru café, bringing the site’s total building size to 2,680 SF. A family-owned concept well known in the Pacific Northwest for its handcrafted beverages and house-made breakfast bagels, Dev’s serves as a popular daily stop and local community hub with a lease extending until 2028. The property is less than a mile from Vancouver Mall and surrounded by major retail destinations such as Evergreen Station and Orchards Market Center, home to national tenants including Starbucks, Petco, Planet Fitness, and LA Fitness, drawing consistent consumer and commuter traffic to the area.