Meineke

Recent Tenant Backfill & Capital Investment: The property was recently backfilled by the current tenant, who has invested approximately $95,000 in tenant improvements, demonstrating long-term commitment to the location and enhancing the overall quality and functionality of the building.
Absolute NNN Lease Structure: The offering features an Absolute NNN lease with zero landlord responsibilities, providing a truly passive investment opportunity with no management or maintenance obligations.
Strong, Growing Franchise Operator: The tenant, Marcor, LLC, is an award-winning franchisee currently operating 39 locations with active expansion plans to grow to 100+ units. Their proven operational success and aggressive growth strategy provide additional credit strength and long-term stability.
Built-In Rent Growth: The lease includes 10% rental increases every five years, offering investors a reliable hedge against inflation and structured income growth over the term of the lease.
Tax Advantages: Auto service properties may qualify for accelerated depreciation schedules, potentially enhancing after-tax returns. (Investors should consult their tax or accounting professional for specific guidance.)
E-Commerce & Recession-Resistant Industry: The auto service sector is considered recession-resilient and internet-resistant, as vehicle maintenance and repair remain essential services regardless of economic conditions. Demand is driven by necessity rather than discretionary spending.
Strong Retail Synergy: The property benefits from co-tenancy and proximity to high-performing national retailers including CVS, Wendy’s, Kroger, Aldi, Taco Bell, Raising Cane’s, Lowe’s, Walmart Supercenter, and others, generating consistent cross-traffic and enhancing site visibility.
High Traffic Counts: Located on Main Street with exposure to approximately ±21,000 vehicles per day, the site offers strong visibility and accessibility.
Larger Parcel Size: Situated on approximately ±0.60 acres, the parcel provides adequate parking and site functionality.

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Matt Wallace