Auto Service - Gas-Conv

Express Oil Change & Tire Engineers

4824 Old York Rd, Rock Hill, SC 29732

Listing Price: $2,629,000

Cap Rate
5.75%
Tenant Name
Express Oil Change & Tire Engineers
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
4,658
Lease Type
Absolute Net
Rent Per Square Feet
$32.46

Investment Overview

Marcus & Millichap is pleased to offer Express Oil Change & Tire Engineers in Rock Hill, South Carolina.

Investment Highlights

  • 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guarantee by Mavis Tire Express Services, Corp. (885+ Locations)
  • 10% Rent Increases Every 5 Years During Primary Term and Four 5-Year Options to Renew
  • Brand New Build-to-Suit (BTS) Construction, Estimated Delivery January 2021
  • Directly Across Street from Walmart Super Center on Old York Road (35,700 VPD)
  • Located Two Miles from the Rock Hill-York County Airport (40,000 Aircraft Operations Per Year)
  • Rock Hill (population 117,375) is Located in the Charlotte MSA (population 2,800,000+)

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

Auto Service - Gas-Conv

Express Oil Change & Tire Engineers

Listing Price: $2,629,000

Cap Rate
5.75%
Tenant Name
Express Oil Change & Tire Engineers
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
4,658
Lease Type
Absolute Net
Rent Per Square Feet
$32.46

Investment Highlights

  • 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guarantee by Mavis Tire Express Services, Corp. (885+ Locations)
  • 10% Rent Increases Every 5 Years During Primary Term and Four 5-Year Options to Renew
  • Brand New Build-to-Suit (BTS) Construction, Estimated Delivery January 2021
  • Directly Across Street from Walmart Super Center on Old York Road (35,700 VPD)
  • Located Two Miles from the Rock Hill-York County Airport (40,000 Aircraft Operations Per Year)
  • Rock Hill (population 117,375) is Located in the Charlotte MSA (population 2,800,000+)

Investment Overview

Marcus & Millichap is pleased to offer Express Oil Change & Tire Engineers in Rock Hill, South Carolina.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

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