GREASE MONKEY

1950 Dundee Rd, Winter Haven, FL 33884
$2,571,000

Cap Rate
7%
Year Built
2005/2024
Leasable Area
5,162 SF
Term Remaining
±15 YRS
NOI
$180,000
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • Recent Tenant Commitment – The tenant has recently completed a backfill, demonstrating strong operational intent.
  • Significant Capital Investment – Over $250,000 in recent renovations.
  • Long-Term Income Security – ±15-year lease provides stable, predictable cash flow.
  • True Passive Ownership – Absolute NNN lease with zero landlord responsibilities.
  • Income Tax-Free State of Florida.
  • Rent Increases – 10% rent increases every five years serve as a strong hedge against inflation.
  • High-Growth Market – projected 3.9% annual population growth within a 3-mile radius.
  • Tax Advantages – Auto service properties may qualify for an accelerated depreciation schedule (Consult your tax or accounting professional for details).
  • Resilient Investment – The quick lube industry is resistant to economic downturns and e-commerce disruptions.
  • Diversified Revenue Streams – Quick Lube & Car Wash operations drive higher store performance and multiple income sources.
  • Established National Brand – Grease Monkey operates nearly 500 locations nationwide and continues expanding. As part of FullSpeed Automotive, it benefits from a 900+ location network.

Broker of Record

  • Kyle Matthews
  • License No. CQ1066435 (FL)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203
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