Grease Monkey & Excel Car Wash
$2,343,774
115 East Gibson Street, Jasper, TX 75951
For Sale
Retail
Other
Active
Last Updated: 01/20/2026
6.5
Cap Rate
152,345
NOI
Details:
Cap Rate: 6.5%
NOI: $152,345
Lease Type: Triple Net
Tenancy: Single
Lease Expire Year: 10/31/2033
Highlights:
- This Grease Monkey/ Excel Car Wash is on a corporate Triple Net lease with 8+ years remaining and 10% increases every 5 years.
- The property consists of a 2-bay oil change building and car wash.
- Traffic counts average 18,464 vehicles per day on Highway 190, while Highway 96 averages 14,267 vehicles per day.
- Nearby retailers include Walmart, Lowes, Ashley Furniture, Dollar Tree, McDonald’s, Walgreens, O’Reilly Auto Parts, and more.
- Grease Monkey International is the nation's largest independent franchisor of automotive oil change centers serving more than 2 million customers each year. Grease Monkey® brand currently has more than 340 centers operating in the United States, Mexico, China, Saudi Arabia, and Colombia.
- Demographics include a 5-mile population of 10,357 and average household income of $67,442.
- Jasper, Texas known as the “Jewel of the Forest,” is located in a county seat of Jasper county. North of Jasper is home to Sam Rayburn Lake, which is the largest lake in Texas at 114,500 acres and over 750 miles of shoreline. This lake has consistently been ranked in the Top 10 fishing lakes in the nation.
Description:
This Grease Monkey property is located along Highway 190 where traffic counts average 18,464 vehicles per day, while Highway 96 averages 14,267 vehicles per day. Nearby retailers include Walmart, Lowes, Ashley Furniture, Dollar Tree, McDonald’s, Walgreens, O’Reilly Auto Parts, and more.
Documents:
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Grease_Monkey_-_Jasper__TX_MP.pdf
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Location
Gallery