Auto Parts
Express Oil Change & Tire Engineers Sale-Leaseback
14234 N Litchfield Rd, Surprise, AZ 85379
Listing Price: $3,271,028
Investment Overview
Express Oil Change & Tire Engineers is an American automotive maintenance brand with services including its signature 10 minute oil change, in addition to full-service mechanical, tires, brakes, and more general service offerings. The brand operates over 422 locations across 19 states.
Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents.
Express Oil Change & Tire Engineers Sale-Leaseback
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 422+ 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 3,500 Service Centers Across the U.S.
- 220,546 Residents within a 5-Mile Radius in Growing Phoenix MSA Trade Area
- Average Household Income Exceeds $109,000 within 1 Mile of the Subject Property
- Easily Accessible Location Near the Corner of North Litchfield Road and West Waddell Road (43,000+ Cars per Day)
- Situated at a Busy Retail Intersection Anchored by Fry's, Safeway, EOS Fitness, and AMC Theatres
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
Senior Managing Director, Market Leader - Arizona
Financing By
Auto Parts
Express Oil Change & Tire Engineers Sale-Leaseback
Listing Price: $3,271,028
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 422+ 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 3,500 Service Centers Across the U.S.
- 220,546 Residents within a 5-Mile Radius in Growing Phoenix MSA Trade Area
- Average Household Income Exceeds $109,000 within 1 Mile of the Subject Property
- Easily Accessible Location Near the Corner of North Litchfield Road and West Waddell Road (43,000+ Cars per Day)
- Situated at a Busy Retail Intersection Anchored by Fry's, Safeway, EOS Fitness, and AMC Theatres
Investment Overview
Express Oil Change & Tire Engineers is an American automotive maintenance brand with services including its signature 10 minute oil change, in addition to full-service mechanical, tires, brakes, and more general service offerings. The brand operates over 422 locations across 19 states. Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
Senior Managing Director, Market Leader - Arizona
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
