Offering Memorandum
Property Highlights
- CHANCE TO ACQUIRE THE BUSINESS AND REAL ESTATE
- HIGH COMBINED TOTAL RETURN - 14.78%
- MANAGEMENT CURRENTLY IN PLACE
- STRONG BRAND RECOGNITION - GREASE MONKEY OPERATES 300+ LOCATIONS ACROSS THE UNITED STATES
- ESTABLISHED LOCATIONS - BOTH HAVE OPERATED IN THEIR RESPECTED BUILDINGS SINCE 1998
- STRATEGIC LOCATION - FAIRMONT AVENUE SEES 15,000 VEHICLES PER DAY
- OCCUPY SIGNIFICANT SQUARE FOOTAGE - 3,229 TOTAL SF
- POTENTIAL UPSIDE - BOTH LOCATIONS ARE ONLY OPEN MONDAY - SATURDAY. NEW OPERATOR COULD OPEN STORE 7 DAYS A WEEK TO GENERATE ADDITIONAL INCOME
- Price: $2,000,000
- Lot Size: .48
- Cap Rate: 14.78%
- Lease Type: N/A
- Year Built: N/A
- Building SF: 3,229
- Status: Sold
- Guarantor: N/A