Grease Monkey

Brighton, CO

Property Highlights

  • 14.75 YEARS REMAINING ON ABSOLUTE TRIPLE NET (NNN) LEASE
  • CORPORATE GUARANTEE FROM GREASE MONKEY INTERNATIONAL INC. (300+ UNITS)
  • RENT INCREASE FROM 7.50% - 12.50% BASED ON CPI
  • UNDER MARKET RENT, PRICED BELOW REPLACEMENT COST
  • ESSENTIAL BUSINESS THAT IS INTERNET AND RECESSION RESISTANT
  • LOCATED IN DOMINANT RETAIL CORRIDOR NEAR LOWE'S, BRAKES PLUS, AND MORE
  • SITE HAS HIGH VISIBILITY AND EASY ENTRY AND EGRESS
  • BRIGHTON, COLORADO IS A GROWING COMMUNITY IN WELD COUNTY AND HAS A POPULATION OF OVER 41,000
  • Price: $1,584,000
  • Lot Size: 0.78
  • Cap Rate: 6.00%
  • Lease Type: Absolute Triple Net (NNN)
  • Year Built: 2003
  • Building SF: 2,500
  • Status: Sold
  • Guarantor: Corporate

Connect with Our Team