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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

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Listing Details


Address: 213, Colorado 105, Monument, Colorado, 80132

Price: $3,540,000

Cap Rate: 6.00%

Tenancy: Single Tenant

Status: Available