119 E Gibson St - Car Washes FOR SALE
Jasper, TX 75951 |
$2,343,774 USD
612-332-6600
119 E Gibson St
Jasper, TX 75951
HIGHLIGHTS
- This Grease Monkey/ Excel Car Wash is on a corporate Triple Net lease with more than 8 years remaining and 10% increases every 5 years.
- The property consists of a 2-bay oil change building and car wash.
- Traffic counts average 18,464 vehicles per day on Highway 190, while Highway 96 averages 14,267 vehicles per day.
- Nearby retailers include Walmart, Lowes, Ashley Furniture, Dollar Tree, McDonald’s, Walgreens, O’Reilly Auto Parts, and more.
- Grease Monkey International is the nation's largest independent franchisor of automotive oil change centers.
- Demographics include a 5-mile population of 10,245 and average household income of $70,864.
FOR SALE DETAILS
PRICE
$2,343,774 USD
PRICE/SF
$434 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Grease Monkey & Excel Car Wash
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
-
APN/PARCEL ID
000002008400
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612-332-6600
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612-332-6600
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