Jackson, TN 38305

Express Oil Change & Tire Engineers Sale-Leaseback

Property Address

3132 North Highland Avenue, Jackson, TN, USA

Offering Summary

  • Price: $3,083,333
  • Lot Size: .7 Acres
  • Cap Rate: 6.0%
  • Year Built: 2024
  • Building SF: 4,748
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% Rental Increases Every Five Years with Multiple Renewal Options
  • Express Oil Change & Tire Engineers Operates 380+ Locations Across 19 States
  • Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
  • New High-Quality 2024 Construction
  • Situated Near Major Retailers - Kroger, Walgreens, Dollar General, and More
  • Easily Accessible Location - 36,000+ Cars per Day at the Corner of East University Parkway and North Highland Avenue
  • 63,458 Residents within a 5-Mile Radius in Growing Jackson Trade Area

Broker Information