Grease Monkey NNN Property For Sale — Lubbock, TX
10405 Slide Rd, Lubbock, TX 79424
This Grease Monkey business and real estate opportunity is located in Lubbock, TX. The property features a brand new 15-year absolute NNN lease with a reputable operator. It is strategically positioned along Slide Road, a busy commercial corridor with high traffic counts. The location benefits from its proximity to a major university, attracting a large student and faculty population. The property includes a substantial building with a fully operational car wash, offering diverse income streams. Texas boasts no state income tax, an added advantage for investors.
- Address: 10405 Slide Rd, Lubbock, TX 79424
- Asking price $2.48M
- 6.25% cap rate
- NOI $155,000
- 15 years remaining
- NNN lease
- Building size: 7,228 SF
- Guarantor: Corporate
Location
This Grease Monkey property is at 10405 Slide Rd in Lubbock, Texas.
Asset type: Auto Service - Gas-Conv