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Auto Service - Gas-Conv

Express Oil Change & Tire Engineers

318 Industrial Park Rd, Dawsonville, GA 30534

Listing Price: $4,381,000

Cap Rate
5.25%
Tenant Name
Express Oil Change
Years Remaining On Lease
19.8
Gross SF
5,344
Guarantor
Corporate Guarantee
Rentable SF
5,344
Price/Gross SF
$819.80
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.

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

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Auto Service - Gas-Conv

Express Oil Change & Tire Engineers

Listing Price: $4,381,000

Cap Rate
5.25%
Tenant Name
Express Oil Change
Years Remaining On Lease
19.8
Gross SF
5,344
Guarantor
Corporate Guarantee
Rentable SF
5,344
Price/Gross SF
$819.80
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

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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