Auto Service - Gas-Conv
Minit Man Oil Change
2610 TX-35 BUS, Rockport, TX 78382
Listing Price: $2,249,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Minit Man Oil Change in Rockport, Texas. The property consists of a 2,190-square foot, freestanding building that sits on approximately 1.38 acres of land. There are approximately 14.8 years remaining on the current lease term with 2 percent rental increases annually. The property has excellent access and visibility on Highway 35, where traffic counts exceed 16,932 vehicles per day. Surrounding retailers in the immediate area include Walmart Supercenter, Ace Hardware, Snap Fitness, Whataburger, Dairy Queen, Domino’s Pizza, CVS, Popeyes, Pizza Hut and many more. The Rockport- Fulton area is supported by a strong tourism industry that attracts approximately 1 million annual visitors and an economic impact of more than $100 million. Popular tourism attractions include: Aransas National Wildlife Refuge (75,000 visitors), Texas Maritime Museum (15,000 visitors), Fulton Mansion (17,000 visitors), Rockport Beach Park (41,000 daily passes).
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.
- Large 1.38 Acres Parcel Includes Oil Change Facility and Seperate Carwash
- Excellent Access and Visibility on Highway 35, Where Traffic Counts Exceed 16,932 VPD
- 30 Minute Drive from Downtown Corpus Christi
- Approximately 1 Million Annual Visitors and an Economic Impact of More than $100 Million
- Resort Town - Immediate Area includes Two Country Clubs and Multiple Condo Communities
Exclusively Listed By
Financing By
Listing Price: $2,249,000
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.
- Large 1.38 Acres Parcel Includes Oil Change Facility and Seperate Carwash
- Excellent Access and Visibility on Highway 35, Where Traffic Counts Exceed 16,932 VPD
- 30 Minute Drive from Downtown Corpus Christi
- Approximately 1 Million Annual Visitors and an Economic Impact of More than $100 Million
- Resort Town - Immediate Area includes Two Country Clubs and Multiple Condo Communities
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Minit Man Oil Change in Rockport, Texas. The property consists of a 2,190-square foot, freestanding building that sits on approximately 1.38 acres of land. There are approximately 14.8 years remaining on the current lease term with 2 percent rental increases annually. The property has excellent access and visibility on Highway 35, where traffic counts exceed 16,932 vehicles per day. Surrounding retailers in the immediate area include Walmart Supercenter, Ace Hardware, Snap Fitness, Whataburger, Dairy Queen, Domino’s Pizza, CVS, Popeyes, Pizza Hut and many more. The Rockport- Fulton area is supported by a strong tourism industry that attracts approximately 1 million annual visitors and an economic impact of more than $100 million. Popular tourism attractions include: Aransas National Wildlife Refuge (75,000 visitors), Texas Maritime Museum (15,000 visitors), Fulton Mansion (17,000 visitors), Rockport Beach Park (41,000 daily passes).
Exclusively Listed By
Financing By
