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Quick Lube & Auto Repair Portfolio 7 Retail Properties Offered at $18,250,000 in Multiple Locations
Investment Highlights
- 7-unit portfolio of oil change and auto repair sites with site-level sales reported.
- All locations are on Absolute Triple Net (NNN) Leases and are spread throughout Louisiana and Massachusetts.
- Multiple sites include percentage rent triggers or overrides tied to gross sales, providing built-in NOI upside as volumes grow.
- This oil change portfolio may offer significant tax advantages under current federal depreciation law.
- All Massachusetts locations have over 30 years of operational history.
- Locations positioned on corridors ranging from 11,000-60,000 VPD, including outparcels to major grocers, retail corridors, & regional shopping nodes.
Executive Summary
This portfolio consists of 5 SpeeDee Oil Change & Auto Service locations, 1 Grease Monkey location, and 1 multi-tenant retail property across Massachusetts (5) and Louisiana (2). All properties are subject to Absolute Triple Net (NNN) leases and have 30+ years of established operating history, offering a rare opportunity to acquire a geographically diversified portfolio of stable, long-term automotive service assets.
In Cooperation With Sands Investment Group Massachusetts, LLC - Lic. #424071-RE-LC BoR: Tom Gorman - Lic. MA #1000609-RB
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
In Cooperation With Sands Investment Group Massachusetts, LLC - Lic. #424071-RE-LC BoR: Tom Gorman - Lic. MA #1000609-RB
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
Property Facts
| Price | $18,250,000 | Number of Properties | 7 |
| Price / SF | $800.02 / SF | Individually For Sale | 0 |
| Cap Rate | 5% | Total Building Size | 22,812 SF |
| Sale Type | Investment | Total Land Area | 3.88 AC |
| Status | Active |
| Price | $18,250,000 |
| Price / SF | $800.02 / SF |
| Cap Rate | 5% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 22,812 SF |
| Total Land Area | 3.88 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Former Spee Dee Oil Change
1256 N Highway 190, Covington, LA 70433 |
Retail | 3,500 SF | 2008 | - |
| 1714 Veterans Memorial Blvd, Metairie, LA 70005 | Retail | 3,148 SF | - | - |
| 30 N Main St, Attleboro, MA 02703 | Retail | 3,149 SF | 1866 | - |
| 197 State Rd, Dartmouth, MA 02747 | Retail | 1,671 SF | 2008 | - |
|
SpeeDee Oil Change & Tune-Up
370 John Fitch Hwy, Fitchburg, MA 01420 |
Retail | 2,552 SF | 1988 | - |
|
Driven Brands, Inc.
7 Donlan St, Gardner, MA 01440 |
Retail | 2,592 SF | 1995 | - |
| 547 Kelley Blvd, North Attleboro, MA 02760 | Retail | 6,200 SF | 1984 | - |
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Contacts
-
Clayton Coassin -
Gary Berwick -
Bryce Pugh -
Cade Hohl -
Thomas Gorman -
Sands Investment Group, NC
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