Brand New 15-Year Absolute NNN Lease with Reputable Operator

The subject property features a brand new 15-year Absolute NNN lease to FARR GM 1050 LLC, a reputable 4-unit Grease Monkey operator in Texas. The lease features a personal guarantee from the franchisee, ensuring investors certainty and stability of passive income through the term of the lease.

Top-Ranked Location in the United States (Placer.ai)

According to Placer.ai, this location ranks as the #2 nationwide (out of 349 locations), and the #1 in Texas (out of 41 locations) for visits among the Grease Monkey system. This industry-leading performance underscores the strength of the trade area, customer loyalty, and operational prowess of this site.

Texas Advantage - No State Income Tax

Located in one of the most tax-friendly states in the United States, investors benefit from Texas’s no state income tax environment, enhancing after-tax yields and overall return potential.

Strong Demographics & Proximity to Texas Tech

Just minutes south of Texas Tech University, the site benefits from the city’s most significant demand driver, attracting steady traffic from the 42,000+ students and faculty, as well as from surrounding residential and retail neighborhoods.