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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
25720854
26948660

2513 FM1103, Cibolo, TX 78108

BB
TX 701472, OH BRK.200900214 (+21)
Bang Realty
BW
CO 100090116
Blue West Capital
Listed by Bang Realty, Blue West Capital
$2,450,000
303 days on market
Updated 59 days ago

Grease Monkey | Cibolo, TX

Details
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 5,192
Units 1
Cap Rate 7.35%
NOI $180,000
Occupancy 100%
Tenancy Single
Brand/Tenant Grease Monkey
Lease Type NNN
Lease Term 10
Lease Expiration 09/30/2034
Remaining Term 8.3
Rent Bumps Yes
Price per SqFt $472
Year Built 2021
Buildings 1
Stories 1
Acreage 1.160
Zoning Commercial (NEC)
Parking Spaces 20 spaces
Parking Per SqFt 3.85
Investment Type Net Lease
Lease Commencement 09/30/2024
Ground Lease No
Ownership NNN

Grease Monkey | 9+ Year Lease | Priced Below Replacement Value

Marketing description

Blue West Capital is pleased to present the opportunity to acquire a newly constructed, single-tenant net-leased Grease Monkey® in Cibolo, Texas, a high-growth suburb within the San Antonio MSA. The property is operated by an individual franchisee under a 10-year NNN lease with over 9 years remaining. The lease includes a personal guaranty, minimal landlord responsibilities, and rental increases at the start of each five-year renewal option.

The asset features over $4 million in recent improvements and is offered below replacement cost. Strategically located along FM 1103 with immediate access to I-35 and Loop 1604, the property is surrounded by national retailers, active residential growth, and sits just 8 miles from Randolph Air Force Base—a major employment hub with a 14,000+ on-base population.

Investment highlights

• NN lease with 9+ years remaining and minimal landlord responsibilities

• New construction with over $4M in building improvements

• Priced below replacement cost, offering long-term yield upside

• Strategically located in a high-income, high-growth corridor near I-35 and Randolph AFB

• Grease Monkey® has 500+ locations and ranks on the Entrepreneur’s Franchise 500® (8 consecutive years)

Listing Contacts

BB
TX 701472, OH BRK.200900214 (+21)
Bang Realty
BW
CO 100090116
Blue West Capital
Listed by Bang Realty, Blue West Capital

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$180,000.00
$15,000.00/mo

Valuation Metrics

0
DSCR
7.35%
Cap Rate
7.35%
ROI

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Additional Information

Name
Brian Brockman
License
701472
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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