Express Oil Change
Single-Tenant Offerings
Express Oil Change
12 Ford Way
Carrollton, GA
- Price:
- $3,543,000
- Cap Rate:
- 6.00%
- NOI:
- $212,552
- Rentable SQFT:
- 6,723 SF
- Year Built:
- 2017
- Lot Size:
- 1.06 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- New 20-Year Absolute NNN Lease with 7% Increases Every 5 Years
- Corporate Guaranty by Mavis Tire Express with 1,100 Locations Across 27 States and $1.5 Billion in Revenue
- Baypine LP and Investors Recently Acquired Mavis in 2021, Reportedly Valued the Company at $6 Billion Including Debt
- Mavis Tire is the 2nd Largest Independent Tire Dealership Chain in the U.S.
- Strong Unit-Level Sales Resulting in a Highly Profitable Location, Double-Digit Year-Over-Year Sales Growth
- New High-Quality Brick Construction with Six Service Bays
- Serving the Growing Community of Carrollton with Over 60,000 Residents
- Adjacent to High-Volume Chick-fil-A and Across from a McDonald’s, LongHorn Steakhouse, and Zaxby’s
- Highly Visible to Over 34,400 Cars/Day Along Primary Commercial Artery
- Strategic Location, Immediate Proximity to Regional Retail Corridor with 2 Million SF
- Minutes to the University of West Georgia with 13,400 Students and 2,160 Employees
- Close Proximity to Several K-12 Schools with More Than 6,000 Students
- 3 Miles to Tanner Health’s Medical Campus with 2,800 Employees
- Strong Daytime Population, Over 30,000 Employees in Immediate Trade Area
- 40 Miles to Atlanta International Airport, the Busiest Passenger Airport in the World
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