Express Oil Change
Single-Tenant Offerings
Express Oil Change
6851 Douglas Blvd.
Douglasville (Atlanta MSA), GA
- Price:
- $3,052,000
- Cap Rate:
- 6.50%
- NOI:
- $198,355
- Rentable SQFT:
- 3,950 SF
- Year Built:
- 1998/2008
- Lot Size:
- 0.72 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 18 Years Remaining, Absolute NNN Lease with 7% Increases Every 5 Years
- Corporate Guaranty by Mavis Tire Express with 2,000 Locations Nationwide 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, Upward Trending
- Serving Dense and Rapidly Growing Atlanta Suburb, 24 Miles West of Downtown Atlanta
- Affluent Trade Area, Average Household Income Exceeds $84,000 within 3 Miles
- Highly Visible to Over 126,000 Cars/Day, Monument Signage Visible Along I-20
- Strategic Location, In the Heart of Regional Retail Hub Including 1.1 Million SF Arbor Place Mall
- Strong Daytime Population, Over 25,000 Employees in Immediate Trade Area
- Minutes to Recently Expanded Wellstar Douglas Hospital Campus
- Close Proximity to Several K-12 Schools with More Than 6,000 Students
- 27 Miles to Atlanta International Airport, the Busiest Passenger Airport in the World
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