Express Oil Change
601 Market Place
Locust Grove (Atlanta MSA), GA
- Cap Rate:
- Rentable SQFT:
- 4,730 SF
- Year Built:
- Lot Size:
- 0.817 +/- Acres
- Lease Type:
- Absolute NNN
- 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
- Brand New High-Quality Construction with Six Service Bays
- Locust Grove is the Fastest Growing City in Henry County, One of the Fastest Growing Counties in the U.S.
- Surrounded by Affluent Communities, Average Household Income Exceeds $111,000 within 3 Miles
- Accessible to Over 44,900 Cars/Day at Signalized Intersection, Just Off I-75 with 98,800 Cars/Day and Direct Access to Downtown Atlanta
- Outparcel to a High-Volume Walmart Supercenter and Down the Street from Tanger Outlets with 4 Million Shoppers/Annually
- Across from Gardner Logistics Park, a 4.1 Million SF Class-A Industrial Park with Distribution Facilities for Home Depot, Love’s Travel Stops, Radial, and Ryder
- Close Proximity to The Cubes Logistics Center, a 311-Acre State-of-the-Art Master-Planned Logistics Park with 4.5 Million SF
- Just South of Locust Grove’s Industrial Zone with Over 44 Million SF of Industrial Facilities and Warehouses
- Strong Daytime Population, Over 23,000 Employees in Immediate Trade Area
- 30 Miles to Atlanta International Airport, the Busiest Passenger Airport in the World
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