Auto Service - Gas-Conv
Express Oil Change & Tire Engineers
318 Industrial Park Rd, Dawsonville, GA 30534
Listing Price: $4,000,000
Cap Rate
5.75%
Tenant Name
Express Oil Change
Years Remaining On Lease
19.2
Gross SF
5,344
Guarantor
Corporate Guarantee
Rentable SF
5,344
Price/Gross SF
$748.50
Lease Type
Absolute Net
Rent Per Square Feet
$43.04
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale an Express Oil Change in Dawsonville, GA.
Express Oil Change & Tire Engineers
Investment Highlights
- New 20 Year Absolute Triple-Net (NNN) Lease with Attractive 10% Rent Increases Every 5 Years and 4x5 Year Options
- Corporate Mavis Express Services Guaranty - Best in Class Guaranty - 1,995 Units Including all Express Oil Change (356 locations), Brakes Plus (155 Locations), and Mavis Tires and Brakes
- Adjacent to Region Domination Shopping Destination, North Georgia Premium Outlets
- Direct Visibility Along US 19 GA 400 (38,700+ VPD), a Primary North/South Thoroughfare that Connects Downtown Atlanta to the Northern Suburbs
Exclusively Listed By
Broker of Record
Auto Service - Gas-Conv
Express Oil Change & Tire Engineers
Listing Price: $4,000,000
Cap Rate
5.75%
Tenant Name
Express Oil Change
Years Remaining On Lease
19.2
Gross SF
5,344
Guarantor
Corporate Guarantee
Rentable SF
5,344
Price/Gross SF
$748.50
Lease Type
Absolute Net
Rent Per Square Feet
$43.04
Investment Highlights
- New 20 Year Absolute Triple-Net (NNN) Lease with Attractive 10% Rent Increases Every 5 Years and 4x5 Year Options
- Corporate Mavis Express Services Guaranty - Best in Class Guaranty - 1,995 Units Including all Express Oil Change (356 locations), Brakes Plus (155 Locations), and Mavis Tires and Brakes
- Adjacent to Region Domination Shopping Destination, North Georgia Premium Outlets
- Direct Visibility Along US 19 GA 400 (38,700+ VPD), a Primary North/South Thoroughfare that Connects Downtown Atlanta to the Northern Suburbs
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale an Express Oil Change in Dawsonville, GA.
Exclusively Listed By
Broker of Record
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