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For Sale

Express Oil Change

601 Market Place Boulevard,
Locust Grove, GA 30248
Represented by
Prime Net Lease

Asset Snapshot

Regional Mall
Retail Subtype
$205,440
NOI
2021
Year Built
1
Floor Count
0.82 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

Introducing a prime investment opportunity! This 4,730 SF free-standing building, constructed in 2021, is situated in the sought-after Locust Grove area. Boasting a 100% occupancy rate, this property offers an attractive proposition for retail investors seeking a high-performing asset. With a modern build and a prime location, this property presents a compelling opportunity for those looking to add a valuable asset to their investment portfolio.


Investment Highlights

  • BONUS DEPRECIATION - Property may qualify for accelerated depreciation through a cost segregation study. Consulting your Accountant or Tax Attorney is advised.
  • 15+ YEARS REMAINING ON ABSOLUTE NNN LEASE - Long-term lease structure with zero landlord responsibilities and 7% rental increases every 5 years, providing predictable income growth.
  • STRONG CORPORATE GUARANTY - Lease backed by Mavis Tire Express, a leading national tire and automotive service operator with approximately 3,600 locations nationwide.
  • INSTITUTIONALLY BACKED TENANT - Mavis was acquired by BayPine and TSG Consumer Partners in 2021 in a transaction reportedly valuing the company at approximately $6 billion including debt.
  • STRONG UNIT-LEVEL PERFORMANCE - Location benefits from strong and upward-trending store sales, supporting attractive unit-level profitability and long-term tenant viability.
  • RAPIDLY GROWING ATLANTA SUBURB - Located in Locust Grove, the fastest-growing city in Henry County, one of the fastest-growing counties in the U.S.
  • AFFLUENT TRADE AREA - Surrounded by affluent communities with average household incomes exceeding $111,000 within 3 miles.
  • EXCELLENT ACCESS, VISIBILITY & TRAFFIC - 44,900+ VPD at a signalized intersection just off I-75 (98,800+ VPD) with direct connectivity to Downtown Atlanta.
  • WALMART OUTPARCEL & MAJOR RETAIL CORRIDOR - Outparcel to a high-volume Walmart Supercenter and minutes from Tanger Outlets, attracting approximately 4 million annual shoppers.
  • MAJOR INDUSTRIAL DEMAND DRIVER - Across from 4.1 million SF Gardner Logistics Park, near the 4.5 million SF Cubes at Locust Grove, and surrounded by 44+ million SF of industrial facilities.
  • ESTABLISHED INDUSTRIAL & DISTRIBUTION HUB - Located just south of Locust Grove’s industrial zone, which contains more than 44 million SF of industrial facilities and warehouses.
  • STRATEGIC ATLANTA MSA LOCATION - Approximately 30 miles from Hartsfield-Jackson Atlanta International Airport, providing exceptional regional, national, and international connectivity.

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$3,482,034
Asking Price

Investment Sales Broker

Paul Matusik
Prime Net Lease

Market Insights