Auto Service - Gas-Conv
Minit Man Oil Change
5342 Kostoryz Rd, Corpus Christi, TX 78415
Listing Price: $2,488,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Minit Man Oil Change in Corpus Christi, Texas. The property consists of a 1,688-square foot, freestanding building that sits on approximately 0.22 acres of land. There are approximately 14.3 years remaining on the current lease term with 2 percent rental increases annually. The property has excellent access and visibility on Kostoryz Road, where traffic counts exceed 20,731 vehicles per day. The property also has easy access to South Padre Island Drive, a main route in Corpus Christi with 161,667 VPD. The area is extremely dense with more than 220,840 residents within a five-mile radius. Surrounding tenants in the immediate area include Tesla, AutoNation USA, Enterprise, CarQuest Auto Parts, McDonald’s, Jack in the Box, Wienerschnitzel and many more.
Minit Man Oil Change
Investment Highlights
- 15-Year Triple Net Lease with 2% Annual Rental Increases
- Corporate Guarantee from Grease Monkey International, LLC, the the Largest Independent Franchisor of Automotive Oil Change Centers in the U.S.
- Excellent Visibility on Kostoryz Road with Easy Access to South Padre Island Drive (Combined 161,667 VPD)
- More than 220,840 Residents Within a Five-Mile Radius
- Home to the Port of Corpus Christi, the Third-Largest Port in the U.S.
- Near Texas A&M University-Corpus Christi Campus (12,174 Students Enrolled)
Exclusively Listed By
Financing By
Listing Price: $2,488,000
Investment Highlights
- 15-Year Triple Net Lease with 2% Annual Rental Increases
- Corporate Guarantee from Grease Monkey International, LLC, the the Largest Independent Franchisor of Automotive Oil Change Centers in the U.S.
- Excellent Visibility on Kostoryz Road with Easy Access to South Padre Island Drive (Combined 161,667 VPD)
- More than 220,840 Residents Within a Five-Mile Radius
- Home to the Port of Corpus Christi, the Third-Largest Port in the U.S.
- Near Texas A&M University-Corpus Christi Campus (12,174 Students Enrolled)
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Minit Man Oil Change in Corpus Christi, Texas. The property consists of a 1,688-square foot, freestanding building that sits on approximately 0.22 acres of land. There are approximately 14.3 years remaining on the current lease term with 2 percent rental increases annually. The property has excellent access and visibility on Kostoryz Road, where traffic counts exceed 20,731 vehicles per day. The property also has easy access to South Padre Island Drive, a main route in Corpus Christi with 161,667 VPD. The area is extremely dense with more than 220,840 residents within a five-mile radius. Surrounding tenants in the immediate area include Tesla, AutoNation USA, Enterprise, CarQuest Auto Parts, McDonald’s, Jack in the Box, Wienerschnitzel and many more.
Exclusively Listed By
Financing By
