Auto Service - Gas-Conv
Grease Monkey
6821 E Main St, Reynoldsburg, OH 43068
Listing Price: $1,629,000
Cap Rate
6.75%
Tenant Name
Grease Monkey
Years Remaining On Lease
15.0
Gross SF
1,300
Guarantor
Franchisee Guarantee
Rentable SF
1,300
Price/Gross SF
$1,253.08
Lease Type
Absolute Net
Rent Per Square Feet
$84.62
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Grease Monkey in Reynoldsburg, OH.
Grease Monkey
Investment Highlights
- BRAND NEW 15 YEAR ABSOLUTE TRIPLE NET (NNN) LEASE COMMENCING AT CLOSE OF ESCROW
- LOCATED IN ESTABLISHED RETAIL CORRIDOR | 0.5 MILES FROM KROGER (TOP 5 PERCENTILE NATIONWIDE)
- POSITIONED ALONG E MAIN ST (29K+ VPD) 20 MINUTES FROM DOWNTOWN COLUMBUS
- CONVERTED TO A GREASE MONKEY IN 2026
- QUALIFIES FOR 100% BONUS DEPRECIATION
Exclusively Listed By
Broker of Record
-
Michael L Glass
Executive Managing Director, Chief Revenue Officer- Mid-West Division
Listing Price: $1,629,000
Cap Rate
6.75%
Tenant Name
Grease Monkey
Years Remaining On Lease
15.0
Gross SF
1,300
Guarantor
Franchisee Guarantee
Rentable SF
1,300
Price/Gross SF
$1,253.08
Lease Type
Absolute Net
Rent Per Square Feet
$84.62
Investment Highlights
- BRAND NEW 15 YEAR ABSOLUTE TRIPLE NET (NNN) LEASE COMMENCING AT CLOSE OF ESCROW
- LOCATED IN ESTABLISHED RETAIL CORRIDOR | 0.5 MILES FROM KROGER (TOP 5 PERCENTILE NATIONWIDE)
- POSITIONED ALONG E MAIN ST (29K+ VPD) 20 MINUTES FROM DOWNTOWN COLUMBUS
- CONVERTED TO A GREASE MONKEY IN 2026
- QUALIFIES FOR 100% BONUS DEPRECIATION
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Grease Monkey in Reynoldsburg, OH.
Exclusively Listed By
Broker of Record
-
Michael L Glass
Executive Managing Director, Chief Revenue Officer- Mid-West Division
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