Auto Service - Gas-Conv
Grease Monkey
15006 Hwy 99, Lynnwood, WA 98087
Listing Price: $1,300,000
Cap Rate
7.00%
Tenant Name
Grease Monkey
Gross SF
2,964
Guarantor
Franchisee Guarantee
Rentable SF
2,964
Price/Gross SF
$438.60
Lease Type
Absolute Net
Rent Per Square Feet
$30.70
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Grease Monkey in Lynnwood, WA.
Exclusively Listed By
Broker of Record
-
Joel Deis
Senior Managing Director, Market Leader- Washington
Listing Price: $1,300,000
Cap Rate
7.00%
Tenant Name
Grease Monkey
Gross SF
2,964
Guarantor
Franchisee Guarantee
Rentable SF
2,964
Price/Gross SF
$438.60
Lease Type
Absolute Net
Rent Per Square Feet
$30.70
Investment Highlights
- BRAND NEW 20 YEAR ABS NNN LEASE
- EXPERIENCED FOUR UNIT OPERATOR
- LOW PRICE POINT INVESTMENT
- 2.81X EBITDAR COVERAGE
- EXCELLENT VISIBILITY ALONG HWY 99 (33K VPD)
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Grease Monkey in Lynnwood, WA.
Exclusively Listed By
Broker of Record
-
Joel Deis
Senior Managing Director, Market Leader- Washington
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