Available
  • Contact Us
  • View Marketing Package
Demographic Information (5-mile radius)
10,357
10,322
$67,442
$45,277

Grease Monkey

Grease Monkey 115 & 119 East Gibson, Jasper, TX, 75951
$2,343,774
  • Type: Retail
  • Availability: Available
  • Tenancy: Single Tenant
  • Cap Rate: 6.50%
  • NOI: $152,345.30
  • Lease Type: NNN
  • Lease Expiration: October 31, 2033
  • Tenant: Grease Monkey International, LLC
  • Rent Increases: 10% Every 5 Years

Property Highlights

  • This Grease Monkey/ Excel Car Wash is on a corporate Triple Net lease with 8+ years remaining and 10% increases every 5 years.
  • The property consists of a 2-bay oil change building and car wash.
  • Traffic counts average 18,464 vehicles per day on Highway 190, while Highway 96 averages 14,267 vehicles per day.
  • Nearby retailers include Walmart, Lowes, Ashley Furniture, Dollar Tree, McDonald’s, Walgreens, O’Reilly Auto Parts, and more.
  • Grease Monkey International is the nation's largest independent franchisor of automotive oil change centers serving more than 2 million customers each year. Grease Monkey® brand currently has more than 340 centers operating in the United States, Mexico, China, Saudi Arabia, and Colombia.
  • Demographics include a 5-mile population of 10,245 and average household income of $70,864.
  • Jasper, Texas known as the “Jewel of the Forest,” is located in a county seat of Jasper county. North of Jasper is home to Sam Rayburn Lake, which is the largest lake in Texas at 114,500 acres and over 750 miles of shoreline. This lake has consistently been ranked in the Top 10 fishing lakes in the nation.

Property Summary

This Grease Monkey property is located along Highway 190 where traffic counts average 18,464 vehicles per day, while Highway 96 averages 14,267 vehicles per day. Nearby retailers include Walmart, Lowes, Ashley Furniture, Dollar Tree, McDonald’s, Walgreens, O’Reilly Auto Parts, and more.

Contact

Keith A. Sturm, CCIM
612.376.4488
[email protected]

Amanda Leathers
612-436-0045
[email protected]

Deborah Vannelli, CCIM
612.376.4475
[email protected]