Skip to main content

Auto Parts

Express Oil Change & Tire Engineers Sale-Leaseback

11993 US-431, Guntersville, AL 35976

Listing Price: $2,203,390

Cap Rate
5.90%
Tenant Name
Express Oil Change & Tire Engineers
Years Remaining On Lease
20.0
Guarantor
Corporate Guarantee
Rentable SF
5,521
Lease Type
Absolute Net
Rent Per Square Feet
$23.55

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.

Guntersville is a city and the county seat of Marshall County, Alabama. At the 2024 census, the population of the city was 9,242. The Huntsville–Decatur–Albertville combined statistical area is the most populated sub-region of North Alabama, and is the second largest combined statistical area in the State of Alabama after Birmingham.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Express Oil Change & Tire Engineers Operates Over 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.
  • Average Household Income Exceeds $86,000 Within Three Miles of the Subject Property
  • Easily Accessible by Approximately 30,270 Cars per Day Along Florida Short Route (US-431) Providing Direct Rout to Downtown Guntersville and Albertville, Alabama
  • Situated at a Busy Retail Throughway with National Tenants Including Walmart Supercenter, Lowe's Home Improvement, Belk, ALDI, and More

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Auto Parts

Express Oil Change & Tire Engineers Sale-Leaseback

Listing Price: $2,203,390

Cap Rate
5.90%
Tenant Name
Express Oil Change & Tire Engineers
Years Remaining On Lease
20.0
Guarantor
Corporate Guarantee
Rentable SF
5,521
Lease Type
Absolute Net
Rent Per Square Feet
$23.55

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Express Oil Change & Tire Engineers Operates Over 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.
  • Average Household Income Exceeds $86,000 Within Three Miles of the Subject Property
  • Easily Accessible by Approximately 30,270 Cars per Day Along Florida Short Route (US-431) Providing Direct Rout to Downtown Guntersville and Albertville, Alabama
  • Situated at a Busy Retail Throughway with National Tenants Including Walmart Supercenter, Lowe's Home Improvement, Belk, ALDI, and More

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. Guntersville is a city and the county seat of Marshall County, Alabama. At the 2024 census, the population of the city was 9,242. The Huntsville–Decatur–Albertville combined statistical area is the most populated sub-region of North Alabama, and is the second largest combined statistical area in the State of Alabama after Birmingham.

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

MM Texture Background
MM Textured Background Lower