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Auto Service - Gas-Conv

Express Oil Change

1479 Hudson Bridge Rd, Stockbridge, GA 30281

Listing Price: $3,252,000

Cap Rate
4.50%
Tenant Name
Express Oil Change
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
3,754
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.98

Investment Overview

Marcus & Millichap is pleased to present the Express Oil Change in Stockbridge, GA.

Investment Highlights

  • New 20-Year Absolute NNN Lease with 7% Increases Every 5 Years
  • Corporate Guaranty by Mavis Tire Express with 1,100 Locations Across 27 States and $1.5 Billion in Revenue
  • Baypine LP and Investors Recently Acquired Mavis in 2021, Reportedly Valued the Company at $6 Billion Including Debt
  • Mavis Tire is the 2nd Largest Independent Tire Dealership Chain in the U.S.
  • Strong Unit-Level Sales Resulting in a Highly Profitable Location, 34% Year-Over-Year Sales Growth
  • Serving Rapidly Growing Suburb in South Metro Atlanta, One of the Fastest-Growing MSA's in the U.S.
  • Surrounded by Affluent Communities, Average Household Income Exceeds $98,000 within 1-Mile and $100,000 within 3 Miles
  • Highly Visible to Over 35,000 Cars/Day Along Major Commercial Artery

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Auto Service - Gas-Conv

Express Oil Change

Listing Price: $3,252,000

Cap Rate
4.50%
Tenant Name
Express Oil Change
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
3,754
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.98

Investment Highlights

  • New 20-Year Absolute NNN Lease with 7% Increases Every 5 Years
  • Corporate Guaranty by Mavis Tire Express with 1,100 Locations Across 27 States and $1.5 Billion in Revenue
  • Baypine LP and Investors Recently Acquired Mavis in 2021, Reportedly Valued the Company at $6 Billion Including Debt
  • Mavis Tire is the 2nd Largest Independent Tire Dealership Chain in the U.S.
  • Strong Unit-Level Sales Resulting in a Highly Profitable Location, 34% Year-Over-Year Sales Growth
  • Serving Rapidly Growing Suburb in South Metro Atlanta, One of the Fastest-Growing MSA's in the U.S.
  • Surrounded by Affluent Communities, Average Household Income Exceeds $98,000 within 1-Mile and $100,000 within 3 Miles
  • Highly Visible to Over 35,000 Cars/Day Along Major Commercial Artery

Investment Overview

Marcus & Millichap is pleased to present the Express Oil Change in Stockbridge, GA.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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