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Auto Service - Gas-Conv

Express Oil Change & Tire Engineers

525 Peachtree Pkwy, Cumming, GA 30041

Listing Price: $3,809,000

Cap Rate
5.25%
Tenant Name
Express Oil Change
Gross SF
4,157
Guarantor
Corporate Guarantee
Rentable SF
4,157
Price/Gross SF
$916.29
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.

Investment Highlights

  • New 20 Year Absolute Triple Net (NNN) Lease with Attractive 10% Increases every 5 Years and 4 x5 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

  • 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: $3,809,000

Cap Rate
5.25%
Tenant Name
Express Oil Change
Gross SF
4,157
Guarantor
Corporate Guarantee
Rentable SF
4,157
Price/Gross SF
$916.29
Lease Type
Absolute Net
Rent Per Square Feet
$48.11

Investment Highlights

  • New 20 Year Absolute Triple Net (NNN) Lease with Attractive 10% Increases every 5 Years and 4 x5 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

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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