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Express Oil Change & Tire Engineers

771 Beal Pkwy NW, Fort Walton Beach, FL 32547

Listing Price: $4,685,000

Cap Rate
5.00%
Tenant Name
Express Oil Change
Years Remaining On Lease
20.1
Gross SF
7,112
Guarantor
Corporate Guarantee
Rentable SF
7,112
Price/Gross SF
$658.75
Lease Type
Absolute Net
Rent Per Square Feet
$32.94

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale an Express Oil Change in Fort Walton Beach, Florida.

Investment Highlights

  • Established Location, Recently Acquired by Franchisor
  • Brand-New Long-Term Net Lease
  • Corporate Lease Guarantee (1,100+ Units)
  • Absolute Triple-Net Lease
  • Strong Unit Level Real Estate Fundamentals

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Auto Service - Gas-Conv

Express Oil Change & Tire Engineers

Listing Price: $4,685,000

Cap Rate
5.00%
Tenant Name
Express Oil Change
Years Remaining On Lease
20.1
Gross SF
7,112
Guarantor
Corporate Guarantee
Rentable SF
7,112
Price/Gross SF
$658.75
Lease Type
Absolute Net
Rent Per Square Feet
$32.94

Investment Highlights

  • Established Location, Recently Acquired by Franchisor
  • Brand-New Long-Term Net Lease
  • Corporate Lease Guarantee (1,100+ Units)
  • Absolute Triple-Net Lease
  • Strong Unit Level Real Estate Fundamentals

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale an Express Oil Change in Fort Walton Beach, Florida.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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