Auto Service - Gas-Conv
Grease Monkey
1100 Richmond Dr, Fort Collins, CO 80526
Listing Price: $1,425,850
Cap Rate
6.25%
Tenant Name
Grease Monkey
Years Remaining On Lease
12.7
Gross SF
1,848
Guarantor
Franchisee Guarantee
Rentable SF
1,848
Price/Gross SF
$771.56
Lease Type
Absolute Net
Rent Per Square Feet
$48.22
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Grease Monkey in Fort Collins, CO
Grease Monkey
Investment Highlights
- 12.5 YEARS REMAINING WITH 3% ANNUAL INCREASES ON AN ABS NNN LEASE
- RARE 3% ANNUAL RENT INCREASES PROVIDE STRONG INCOME GROWTH AND INFLATION HEDGE
- INFILL FORT COLLINS LOCATION BETWEEN FOOTHILLS MALL & COLORADO STATE UNIVERSITY
- FIVE MINUTES FROM FOOTHILLS MALL - FORT COLLINS' PREMIER RETAIL AND ENTERTAINMENT DESTINATION
Exclusively Listed By
Listing Price: $1,425,850
Cap Rate
6.25%
Tenant Name
Grease Monkey
Years Remaining On Lease
12.7
Gross SF
1,848
Guarantor
Franchisee Guarantee
Rentable SF
1,848
Price/Gross SF
$771.56
Lease Type
Absolute Net
Rent Per Square Feet
$48.22
Investment Highlights
- 12.5 YEARS REMAINING WITH 3% ANNUAL INCREASES ON AN ABS NNN LEASE
- RARE 3% ANNUAL RENT INCREASES PROVIDE STRONG INCOME GROWTH AND INFLATION HEDGE
- INFILL FORT COLLINS LOCATION BETWEEN FOOTHILLS MALL & COLORADO STATE UNIVERSITY
- FIVE MINUTES FROM FOOTHILLS MALL - FORT COLLINS' PREMIER RETAIL AND ENTERTAINMENT DESTINATION
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Grease Monkey in Fort Collins, CO
Exclusively Listed By
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