Offering Memorandum
Highlights
- 8.75 Years Remaining on Absolute Triple-Net Lease with Zero Landlord Responsibilities
- 10% Rent Increase July 2027 & 2 x 5-Year Options both with additional 10% Rent Increases
- Corporate Guarantee by Grease Monkey International, one of the Largest Oil Change Operators in the Nation - 500+ Locations, Approximately $350 Million in Annual Revenue
- Positioned Along Primary Ellenwood, GA Retail Corridor Fairview Rd (24k+ VPD) including 2 Grocers (Kroger & Ingles)
- National Retailers within a 1-Mile Radius are Top Ranking Locations Nationwide per Placer. ai: Kroger (89th Percentile), Planet Fitness (88th Percentile), McDonald’s (94th Percentile), Dollar Tree (89th Percentile), Home Depot (84th Percentile), Zaxby’s (90th Percentile), and more
- Price: $950,000
- Lot Size: 0.61 AC
- Cap Rate: 6.50%
- Lease Type: Absolute Triple Net
- Year Built: 2005
- Building SF: 1,799 SF
- Status: Active
- Guarantor: Corporate Guarantee - Grease Monkey International