Grease Monkey 801 West Bluff Street, Woodville, TX Cap Rate 6%

Cap Rate: 6%
NOI: $49,707
Building Size: 1,408 sqft
Lot Area: 0.23 acres
Lease Type: Triple Net
Year Built: 2000
Price Per Sqft: $588.39
Tenancy: Single
Lease Expire Year: 10/30/2033

Price: $828,450 USD

DESCRIPTION
This property has 13 years remaining on a NNN lease, with 10% rent increases every 5 years and four 5-year renewal options. Grease Monkey International is the nation's largest independent franchisor of automotive oil change centers serving more than 2 million customers each year. The tenant on these leases is Grease Monkey Midwest, LLC, with a guaranty by Grease Monkey International, LLC.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: (81) 1599 75 36
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