Grease Monkey

Grease Monkey

605 State Hwy 138
Stockbridge, GA

Price: $1,308,000
Cap: 6.50%
NOI: $85,008
Building Size: 1,885 SF
Lot Size: 0.50 AC

Investment Highlights

PRIMARY RETAIL CORRIDOR
• Well located on GA-138 (37,200 VPD), a primary retail corridor.
• Situated between two major interstates I-75 (128,000 VPD) and I-675 (51,500 VPD).
• Surrounded by over 1.5 Million SF of national retailers including: Walmart, Lowe’s, Kroger, BrandsMart USA, Kohl’s, and More.

LONG TERM NNN LEASE WITH INCREASES
• Brand new, 15-year corporate guaranteed lease with Grease Monkey International.
• Rent Increases Every 5-years during lease and options periods.
• Tenant is responsible for all expenses, which include taxes, CAM, insurance, roof and structure.

ATLANTA MSA
• Atlanta is the state capital and the 9th largest MSA in the United States (pop. 5,884,736).
• 15 Fortune 500 companies are headquartered within metro Atlanta, which include Home Depot, UPS, Delta Airlines, and Coca-Cola.
• 785,000 new jobs forecast through 2025 (30% higher than the U.S. average).
• Home to the Atlanta Braves, Hawks, Falcons and host of the 2019 NFL Super Bowl.

STOCKBRIDGE
• Stockbridge is located 30 miles Southeast of downtown Atlanta and is part of the Atlanta MSA.
• The 5-mile population is 132,931 and the average household income is $65,097.
• Stockbridge is located in Henry County which was the sixth-fastest growing county in the U.S.

TOP TIER FRANCHISE
• Grease Monkey International is the nation’s largest independent franchisor of automotive fast lube centers, and serves more than 2 million customers each year.
• More than 300 centers operating in the United States and Latin America.
• Recently executed master franchise agreements in Saudi Arabia and Colombia with plans to expand into Canada and Peru.

Don McMinn
OFFERING MEMORANDUM

Email not recognized.
In lieu of a confidentiality agreement, we request that you complete the following form in order to download an Offering Memorandum or try again.







Principle or Broker?