Available

Grease Monkey

404 W Bromley Lane | Brighton, CO 80601

Price

$2,233,000

Cap Rate: 5.40%

Lead Broker

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Long-term lease with CPI-based increases

Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Grease Monkey located in the Denver MSA.  The property is located in Brighton approximately 20 miles north of downtown Denver.  Brighton is one of the fastest-growing cities in Colorado with a population forecasted to grow 20% by 2025.

Grease Monkey has a long-term lease with approximately 13 years remaining. The lease features strong rental increases every five years based upon CPI (min. 7.5% & max 12.5%) and there are no landlord responsibilities. The lease is corporately guaranteed by Grease Monkey International, Inc. Grease Monkey is the nation’s largest independent franchisor of automotive oil change centers with over 500 locations.

Investment Highlights

  • Long-term lease with approximately 13 years remaining
  • Strong rental increases every five years based upon CPI (7.5%-12.5%)
  • Absolute triple net lease with zero landlord responsibilities
  • Proven location with a successful operating history of several decades at this location
  • Grease Monkey is the nation’s largest independent franchisor of automotive oil change centers with 500+ locations
  • Qualifies for accelerated bonus depreciation – consult with your CPA

Location Highlights

  • Located within the Denver MSA approximately 20 miles north of downtown Denver
  • Brighton is one of the fastest growing cities in Colorado
  • Located just west of U.S 85 the primary north-south thoroughfare in the area (41,000+ VPD)
  • Retailers in the immediate area include Walmart Supercenter, King Soopers, Harbor Freight, McDonald’s, Wendy’s, Arby’s, Chase Bank and numerous others
  • Average household incomes in excess of $112,000 within five miles
  • Located 20 miles from the Denver International Airport, the third busiest airport in the world
  • Brighton’s population is forecasted to grow 20% by 2025

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Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031