Kwik Kar

Investment Overview

Investment Highlights

• LONG TERM LEASE – There are over 16 years remaining on the initial lease term, followed by four (4) additional 5-year options, each featuring annual rental increases.
• CORPORATE GUARANTEE – The lease is guaranteed by MOP GM Holding, LLC, the parent entity of FullSpeed Automotive. FullSpeed oversees 900+ Grease Monkey®, SpeeDee®, and Kwik Kar® service centers nationwide and is backed by MidOcean Partners, a private equity firm with $7 billion in assets under management.
• NO STATE INCOME TAX – Texas imposes no corporate or personal state income tax, enhancing net yield for investors and making it one of the most favorable tax environments in the U.S.
• ANNUAL RENTAL INCREASES – Rent increases annually at the greater of 2% or CPI (capped at 6%), providing a strong hedge against inflation throughout the base term and options. 2026 Increase was 3.3%
• ABSOLUTE NNN LEASE – Zero landlord responsibilities. The tenant is responsible for all operating expenses, making this a true “hands-off” investment ideal for passive, long-term ownership.
• RECESSION-RESISTANT USE – Automotive maintenance is an essential service category with consistent consumer demand regardless of market cycles.
• HIGH-TRAFFIC, PRIME LOCATION – The property benefits from excellent visibility on Preston Road (±45,463 VPD) with monument signage, and is positioned near H-E-B Grocery, Lakeside Market, and the Legacy Business Park — home to major corporate headquarters including Toyota, PepsiCo, Frito-Lay, Ericsson, and FedEx.
• AFFLUENT DEMOGRAPHICS – Located in an extremely strong North Dallas submarket with $163,203 average household income within 3 miles and more than 340,000 residents within 5 miles.
• BONUS DEPRECIATION – This asset qualifies for Bonus Depreciation, offering investors the ability to utilize accelerated depreciation benefits. Consultation with your CPA or tax attorney is recommended.