Skip to main content

Auto Parts

Express Oil Change

2111 Veterans Blvd, Dublin, GA 31021

Listing Price: $2,833,333

Cap Rate
6.00%
Tenant Name
Express Oil Change & Tire Engineers
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
7,029
Lease Type
Absolute Net
Rent Per Square Feet
$24.19

Investment Overview

Mavis has been saving people money on tires for more than 50 years. While the company was founded as
Mavis Tire Supply Corporation in 1972, its roots can be traced back to 1949. Mavis generates approximately $2.4 billion in revenue annually. The Mavis brands are rapidly expanding with goals to add
100+ stores per year.

Dublin is the county seat of Laurens County, Georgia, home to an estimated 16,000 residents. The city is filled with Southern charm and a vibrant culture. Located in the heart of Laurens County, Dublin has a rich heritage and is home to a charming downtown with a bustling Farmers Market, historic architecture, boutiques, and dining. The Oconee River and Southern Pines Waterpark provide opportunities for outdoor recreation.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% Rental Increases Every Five Years with Multiple Renewal Options
  • Express Oil Change & Tire Engineers Operates 380+ Locations Across 19 States
  • Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
  • New High-Quality 2024 Construction
  • Excellent Frontage Along Veterans Boulevard, a Major Thoroughfare with Direct Access to Downtown Dublin
  • Situated Along a Dense Retail Corridor Surrounded by National Tenants: Walmart, ALDI, The Home Depot, T.J. Maxx, and More
  • Average Household Income Exceeds $87,000 within the Immediate Area

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Auto Parts

Express Oil Change

Listing Price: $2,833,333

Cap Rate
6.00%
Tenant Name
Express Oil Change & Tire Engineers
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
7,029
Lease Type
Absolute Net
Rent Per Square Feet
$24.19

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% Rental Increases Every Five Years with Multiple Renewal Options
  • Express Oil Change & Tire Engineers Operates 380+ Locations Across 19 States
  • Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
  • New High-Quality 2024 Construction
  • Excellent Frontage Along Veterans Boulevard, a Major Thoroughfare with Direct Access to Downtown Dublin
  • Situated Along a Dense Retail Corridor Surrounded by National Tenants: Walmart, ALDI, The Home Depot, T.J. Maxx, and More
  • Average Household Income Exceeds $87,000 within the Immediate Area

Investment Overview

Mavis has been saving people money on tires for more than 50 years. While the company was founded as Mavis Tire Supply Corporation in 1972, its roots can be traced back to 1949. Mavis generates approximately $2.4 billion in revenue annually. The Mavis brands are rapidly expanding with goals to add 100+ stores per year. Dublin is the county seat of Laurens County, Georgia, home to an estimated 16,000 residents. The city is filled with Southern charm and a vibrant culture. Located in the heart of Laurens County, Dublin has a rich heritage and is home to a charming downtown with a bustling Farmers Market, historic architecture, boutiques, and dining. The Oconee River and Southern Pines Waterpark provide opportunities for outdoor recreation.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

MM Texture Background
MM Textured Background Lower