The Boulder Group has completed the sale of a single tenant Grease Monkey property located at 835 East Geneva Road in Carol Stream, IL for $955,000. The Boulder Group’s Brandon Wright and Zach Wright exclusively represented the seller in the transaction. The seller was a Midwest-based real estate investor and the purchaser was a private investor based in California in a 1031 exchange.

The Grease Monkey property is strategically located along East Geneva Road and near Wheaton College, Wheaton North High School, Hadley Junior High School, and several other educational institutions. Carol Stream is located approximately 20 miles southwest of Chicago O’Hare International Airport and 30 miles west of Downtown Chicago. There are over 257,000 people living within five miles of the property and the average annual household income exceeds $152,000 within three miles.

The Grease Monkey lease features rental increases every five years, zero landlord responsibilities, and a corporate guaranty. Grease Monkey is based in Denver, CO and is one of the largest and leading automotive oil change companies in the United States with over 500 locations.

“Many automotive net lease properties have accelerated bonus depreciation providing tax benefits for investors. We continue to see strong demand for these assets and received multiple offers on the Grease Monkey property,” added Brandon Wright, Associate.

“Single tenant net lease properties with low price points below $1 million are rare and typically generate significant investor interest,” added Zach Wright, Vice President.

About The Boulder Group

The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high-net-worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $9 billion of single tenant net lease real estate transactions. From 2013-2025, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.

For additional information, please visit www.BoulderGroup.com

PR Contact

Zach Wright 720-604-2220

Zach@BoulderGroup.com

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