Grease Monkey

Blue West Capital is pleased to offer for sale a Grease Monkey located in Grand Junction, Colorado. This asset is a proven location with a successful operating history of several decades. The tenant recently exercised an early lease extension with no landlord concessions and attractive lease terms.

The Grease Monkey property is positioned along North Avenue (Highway 6), the area’s primary east-west thoroughfare with over 26,000 VPD, and within a densely populated area with over 73,000 people living within three miles. Adjacent to the property is a vast retail corridor that includes Walmart Supercenter, Walgreens, AutoZone, Advance Auto Parts, Texas Roadhouse, Taco Bell, McDonald’s, Wells Fargo, Discount Tire, and numerous other retailers.

• 7 Years remaining on current term with 2% annual rental increases
• Tenant is OILEX, an independent franchisee operating 14 Grease Monkey locations throughout Colorado
• Approximately two miles east of Colorado Mesa University (11,000 students)
• Positioned just east of the Grand Junction VA Medical Center

OFFERING SUMMARY

INVESTMENT CONTACT