Express Oil Change & Tire Engineers – New Albany, OH

9875 Johnstown Rd, New Albany, OH 43054


  • New 20-Year Absolute Triple-Net (NNN) Lease with Attractive 10% Increases every 5 years and 4 x 5-Year Options
  • Mavis Express Services TopCo Corp. Guaranty - Best In Class Guarantee - 1,995 units including all Express Oil Change (356 locations), Brakes Plus (155 locations), and Mavis Tires & Brakes (1,484 locations)
  • New Construction Auto-Repair Building Delivered in 2022 with 6 Service Boys
  • Located in new construction grocery anchored retail center, Aldi anchors the 2022 delivered center that also houses Dunkin and a Sheetz Gas Station. Express Oil Change is directly next to Aldi, driving traffic to the subject property
  • Direct visibility along Johnstown Rd (US-62) seeing 24,000+ VPD. The subject property is also located along a highway exit with the New Albany Bypass which sees over 50,000 VPD
  • Adjacent to Zarley Industrial Park which contains over 100,000 SF of industrial properties and tenants
  • Price: $3,790,000
  • Lot Size: 1.01 AC
  • Cap Rate: 5.25%
  • Lease Type: Absolute Triple Net
  • Year Built: 2023
  • Building SF: 4,922
  • Status: Active
  • Guarantor: Corporate Guarantee - Mavis Express Services

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