Log In/Sign Up
Your email has been sent.
Grease Monkey 234 Fairview Rd 1,799 SF Retail Building Ellenwood, GA 30294 $1,000,000 ($555.86/SF) 6.17% Cap Rate
Investment Highlights
- Solid Corporate Tenant | 33% CAP Rate | 10% Rent Bumps | See Offering Memorandum
- Grease Monkey is one of nation's top oil service operations
- Fairview Road is a busy retail & service corridor with 24,000+ VPD
Executive Summary
Brent Fisher & HSI Commercial are pleased to offer this 1799 sf fully operational auto shop occupied by Grease Monkey. Absolute NNN 20-year lease with 7+/- years remaining. 5-year options at 10% rent increases. This property is situated on Fairview Road with a dedicated turn lane. Fairview Road is a major retail and service corridor in Ellenwood (24k+ VPD). Lease Guarantor, Grease Monkey International, is one of the largest oil change operations in the U.S. and brings in roughly $250M annually. Please contact us for more information about this property.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,799 SF
Building Class
B
Year Built
2005
Price
$1,000,000
Price Per SF
$555.86
Cap Rate
6.17%
NOI
$61,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.61 AC
Zoning
C - Commercial
Parking
16 Spaces (8.89 Spaces per 1,000 SF Leased)
Frontage
153’ on Fairview Road
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Wheelchair Accessible
Nearby Major Retailers
Property Taxes
| Parcel Number | 0025-01-033-002 | Improvements Assessment | $89,036 |
| Land Assessment | $52,880 | Total Assessment | $141,916 |
Property Taxes
Parcel Number
0025-01-033-002
Land Assessment
$52,880
Improvements Assessment
$89,036
Total Assessment
$141,916
1 of 25
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Grease Monkey | 234 Fairview Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.