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Investment Details

Price: $2,539,088 Location: Jasper, TX
Cap Rate: 6.00% Lease Type: NNN
NOI: $152,345 Lease Expiration: October 2033
Demographic Information (5-Mile Radius)
2022 Population: 9,947
2027 Population: 9,368
2022 Average Household Income: $73,012
2022 Median Household Income: $40,076
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Amanda Leathers
amanda@upland.com
612.436.0045

GREASE MONKEY & EXCEL CAR WASH

Jasper | Texas
Highlights
• This Grease Monkey/ Excel Car Wash is on a corporate Triple Net lease with 10 years remaining.
• The property consists of a 2-bay oil change building and car wash.
• Traffic counts average 18,464 vehicles per day on Highway 190.
• Nearby retailers include Walmart, Lowes, Ashley Furniture, Dollar Tree, McDonald’s, and more.
• Grease Monkey International is the nation's largest independent franchisor of automotive oil change
• Demographics include a 5-mile population of 9,947 and average household income of $73,012.

GREASE MONKEY & EXCEL CAR WASH

Jasper | Texas

Highlights
• This Grease Monkey/ Excel Car Wash is on a corporate Triple Net lease with 10 years remaining.
• The property consists of a 2-bay oil change building and car wash.
• Traffic counts average 18,464 vehicles per day on Highway 190.
• Nearby retailers include Walmart, Lowes, Ashley Furniture, Dollar Tree, McDonald’s, and more.
• Grease Monkey International is the nation's largest independent franchisor of automotive oil change
• Demographics include a 5-mile population of 9,947 and average household income of $73,012.

Investment Details

Price: $2,539,088
Location: Jasper, TX
Cap Rate: 6.00%
Lease Type: NNN
NOI: $152,345
Lease Expiration: October 2033
Demographic Information (5-Mile Radius)
2022 Population: 9,947
2027 Population: 9,368
2022 Average Household Income: $73,012
2022 Median Household Income: $40,076
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Amanda Leathers
amanda@upland.com
612.436.0045

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489