Auto Parts
Express Oil Change & Tire Engineers Sale-Leaseback
11993 US-431, Guntersville, AL 35976
Listing Price: $2,203,390
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
Financing By
Listing Price: $2,203,390
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
Financing By