Grease Monkey- Monument, CO

Tenancy: Grease Monkey International, LLC

Building Size: 5,309

Renewal Options: Two 5-Year Options

Lease Expiration: 7/26/31

Rental Increases: 10% Every 5-Years

New Single-Tenant Grease Monkey:

Corporately guaranteed lease by the US’ largest privately-owned franchisor of oil change centers (475+ Locations)
NN lease with minimal landlord responsibilities, ideal for out-of-state investor
High Sales Volume Location with Car Wash
Brand New 10-Year Lease Extension with two 5-year options
Bonus Depreciation: The property qualifies for 100% bonus depreciation on carwash improvements (contact your CPA for details)
Excellent Access and Visibility from Interstate-25 with over 73,000 cars per day
High Income Pocket: Highest share of average household income ($131K) and growth rates in El Paso County
Low Property Tax State: Colorado is the #3 lowest property tax state

Grease Monkey International was founded in 1978 and headquartered in Denver, Colorado, the Grease Monkey® brand currently operates more than 500 centers internationally with operations in Mexico, China, Colombia, and Saudi Arabia. Grease Monkey® is the nation’s largest independent franchisor of automotive oil change centers and is looking to expand by year end 2023 to 700 locations. Grease Monkey® International, LLC is the nation’s largest independent franchisor of automotive oil change centers serving more than two million customers each year.

FullSpeed Automotive, Grease Monkey’s Holding Company, maintains a family of brands with over 70 years of experience in providing quality car care in the industry. FullSpeed Automotive has 700+ units, broken down into 270+ US retail operations, 340+ US franchise operations & 94 International franchise operations.

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