Description

Presenting a premier investment opportunity in Allen, Texas — Waterfalls Car Wash & Oil Change, located at 811 & 813 S Greenville Avenue. This property encompasses three buildings on approximately 1.37 acres and is leased to Grease Monkey International, LLC, a tenant with a strong corporate guaranty. The absolute NNN lease offers a 7.00% CAP rate, providing a stable, hassle-free income stream with no landlord responsibilities. The investment also benefits from bonus depreciation eligibility and annual rent increases, offering protection against inflation. Strategically positioned near major retail and residential centers, the property enjoys high visibility and strong demographics, including an average household income exceeding $153,000 within a five-mile radius. With a long-term lease and a recession-resistant tenant, this asset represents a rare opportunity to acquire a lucrative, turnkey investment in a prime Dallas Metro location.