Auto Service - Gas-Conv
Express Oil (Mavis) | Absolute NNN | 18 Years Remaining
6851 Douglas Blvd, Douglasville, GA 30135
Listing Price: $3,052,000
Cap Rate
6.50%
Tenant Name
Express Oil Change
Years Remaining On Lease
17.6
Guarantor
Corporate Guarantee
Rentable SF
3,950
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$50.22
Investment Overview
Marcus & Millichap is pleased to present the Express Oil Change in Douglasville, GA,
Express Oil (Mavis) | Absolute NNN | 18 Years Remaining
Investment Highlights
- 18 Years Remaining, Absolute NNN Lease with 7% Increases Every 5 Years
- Corporate Guaranty by Mavis Tire Express with 2,000+ Locations Nationwide 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, Upward Trending
- Serving Dense and Rapidly Growing Atlanta Suburb, 24 Miles West of Downtown Atlanta
- Affluent Trade Area, Average Household Income Exceeds $84,000 within 3 Miles
- Highly Visible to Over 126,000 Cars/Day, Monument Signage Visible Along I-20
Exclusively Listed By
Broker of Record
Financing By
Auto Service - Gas-Conv
Express Oil (Mavis) | Absolute NNN | 18 Years Remaining
Listing Price: $3,052,000
Cap Rate
6.50%
Tenant Name
Express Oil Change
Years Remaining On Lease
17.6
Guarantor
Corporate Guarantee
Rentable SF
3,950
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$50.22
Investment Highlights
- 18 Years Remaining, Absolute NNN Lease with 7% Increases Every 5 Years
- Corporate Guaranty by Mavis Tire Express with 2,000+ Locations Nationwide 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, Upward Trending
- Serving Dense and Rapidly Growing Atlanta Suburb, 24 Miles West of Downtown Atlanta
- Affluent Trade Area, Average Household Income Exceeds $84,000 within 3 Miles
- Highly Visible to Over 126,000 Cars/Day, Monument Signage Visible Along I-20
Investment Overview
Marcus & Millichap is pleased to present the Express Oil Change in Douglasville, GA,
Exclusively Listed By
Broker of Record
Financing By
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