Grease Monkey — Sale in Lubbock, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Lubbock, TX 79424

Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer for sale a Grease Monkey opportunity in Lubbock, TX. Investment Highlights: • Brand new 15-year Absolute NNN lease to Threshold Automotive Service, LLC (9-unit operator), providing long-term passive income stability. • High-visibility location on Slide Road (18,000+ VPD), surrounded by national retailers including Starbucks, Walgreens, Taco Bell, and Sonic Drive-In. • Minutes from Texas Tech University (42,000+ students/faculty), within a city of 272,000+ residents. Affluent 1-mile AHHI of $133,525 supports sustained consumer demand. • Ranks in the 90th percentile nationally (361 locations) and #6 in Texas (42 locations) per Placer.ai, demonstrating exceptional site performance, strong trade area fundamentals, and loyal customer base. • Located in Texas, a no state income tax state, enhancing after-tax returns for investors.

Market Context

This retail in Lubbock, TX is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Lubbock, TX — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Lubbock, TX