Quick Lube & Auto Repair Portfolio

Quick Lube & Auto Repair Portfolio

This portfolio consists of 5 SpeeDee Oil Change & Auto Service locations, 1 Grease Monkey location, and 1 multi-tenant retail property across Massachusetts (5) and Louisiana (2). All properties are subject to Absolute Triple Net (NNN) leases and have 30+ years of established operating history, offering a rare opportunity to acquire a geographically diversified portfolio of stable, long-term automotive service assets.

  • Portfolio Overview: 7-unit portfolio of oil change and auto repair sites with site-level sales reported.
  • Bonus Depreciation Opportunity: This oil change portfolio may offer significant tax advantages under current federal depreciation law. We encourage prospective buyers to consult with their CPA to fully evaluate the potential benefits across the portfolio.
  • Absolute Triple Net (NNN) Leases: All locations are on Absolute Triple Net (NNN) Leases and are spread throughout Louisiana and Massachusetts.
  • Established Operating History: All Massachusetts locations have over 30 years of operational history.
  • Percentage Rent Growth: Multiple sites include percentage rent triggers or overrides tied to gross sales, providing built-in NOI upside as volumes grow. Please contact the brokers for more information.
  • High-Traffic Sites: Locations positioned on corridors ranging from 11,000-60,000 VPD, including outparcels to major grocers, retail corridors, and regional shopping nodes.
  • Corporate & Franchisee Credit: Mix of corporate-guaranteed and multi-unit franchisee leases; several operators have long-term tenure and proven performance.
  • Auto-Service Resilience: Quick-lube and auto-service assets remain recession-resistant, benefiting from essential-service demand and high repeat-customer frequency.

 

In Cooperation With Sands Investment Group Massachusetts, LLC – Lic. #424071-RE-LC BoR: Eric Vultaggio – Lic. MA #9504073-RE-B

In Cooperation With Sands Investment Group Louisiana, LLC – Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman – Lic. LA #BROK.0995700567-ACT

Price

$18,250,000

Cap Rate

5.00%

PREMISES

27,773 SF

RENEWAL OPTIONS

Varies

Lease Expiration

Varies

RENTAL INCREASES

Varies

BROKERS

Clayton Coassin
Charlotte
Gary W. Berwick, CCIM
Charlotte

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