Auto Service - Gas-Conv
Express Oil Change & Tire Engineers
525 Peachtree Pkwy, Cumming, GA 30041
Listing Price: $3,333,000
Cap Rate
6.00%
Tenant Name
Express Oil Change
Gross SF
4,157
Guarantor
Corporate Guarantee
Rentable SF
4,157
Price/Gross SF
$801.78
Lease Type
Absolute Net
Rent Per Square Feet
$48.11
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale an Express Oil Change in Cumming, GA.
Express Oil Change & Tire Engineers
Investment Highlights
- 20 Year Absolute Triple-Net (NNN) Lease with 19 years remaining and attractive 10% increases every 5 years. The Lease features zero landlord responsibilities and 4 x 5-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
- Outparcel to Walmart Supercenter and Adjacent to Target and Home Depot Seeing a Combined 2.9 Million Annual Visits
- Direct Visibility Along Peachtree Parkway ($26k+ VPD) with Efficient North and Southbound Ingress and Egress
Exclusively Listed By
Broker of Record
Listing Price: $3,333,000
Cap Rate
6.00%
Tenant Name
Express Oil Change
Gross SF
4,157
Guarantor
Corporate Guarantee
Rentable SF
4,157
Price/Gross SF
$801.78
Lease Type
Absolute Net
Rent Per Square Feet
$48.11
Investment Highlights
- 20 Year Absolute Triple-Net (NNN) Lease with 19 years remaining and attractive 10% increases every 5 years. The Lease features zero landlord responsibilities and 4 x 5-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
- Outparcel to Walmart Supercenter and Adjacent to Target and Home Depot Seeing a Combined 2.9 Million Annual Visits
- Direct Visibility Along Peachtree Parkway ($26k+ VPD) with Efficient North and Southbound Ingress and Egress
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale an Express Oil Change in Cumming, GA.
Exclusively Listed By
Broker of Record
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