IMMEDIATE 10% RENT INCREASE IN 2028

• An investor will receive an immediate 10% bump in 2028, improving their return and increasing the cap rate.

STRONG CORPORATE SIGNATURE AND PARENT COMPANY BACKING

• Grease Monkey operates over 460 locations across 37 US States
• Parent Company Backing: The brand is a flagship concept of FullSpeed Automotive (1,000+ units)
• Over 2,000 corporate and retail personnel

ATTRACTIVE ABSOLUTE NNN LEASE – LAND AND BUILDING

• Over 7 years remaining on the absolute NNN lease providing any investor long term passive NNN income
• Completely passive NNN investment – ZERO landlord responsibilities
• Attractive 10% increases every 5 years in the Primary and Option Terms

UNIQUE VALUE ADD OR REDEVELOPMENT OPPORTUNITY WITH CAR WASH

• A unique opportunity for an investor or developer to redevelop or sell off the separate car wash parcel to an operator and take some “chips off the table”
• Investor can re-lease the car wash and renegotiate a new lease with Grease Monkey, creating value with two separate single tenant NNN leased properties and with new long term leases
• Car Wash parcel includes all furniture, fixtures and equipment worth over $700,000.

TAX ADVANTAGES – ACCELERATED BONUS DEPRECIATION

• Under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 80 percent of the cost in the first year. Some car washes even qualify for “bonus depreciation” for personal property acquisitions in addition.

** INVESTCORE DOES NOT PROVIDE ACCOUNTING ADVICE, THIS IS FOR INFORMATIONAL PURPOSES ONLY.  PLEASE CONSULT CPA

LARGE 1.59 ACRE PARCEL – LOW PRICE POINT

• Large parcel over 1.5 acres
• Irreplaceable land, building and FF&E at this low price point

HIGH TRAFFIC COUNTS

• Ideally located along a major retail corridor with 17,862 cars per day

DOWNTOWN LOCATION – STRONG HIGHWAY ACCESS

• Ideally located in the heart of downtown Lufkin with multiple access points to State Highway Loop 287

STRONG RETAIL TRADE AREA SURROUNDED BY SEVERAL NATIONAL TENANTS

• Subject property is ideally located along a main retail thoroughfare surrounded by several national tenants including Burger King, KFC, Starbucks, Firestone, Pizza Hut, Brookshire Grocery Store, Big Lots and several others.

COVID-19 AND ECOMMERCE RESISTANT BUSINESS

• The oil change and car wash industry one of the few Essential Services that were allowed to remain open for business throughout the pandemic