Offering Memorandum
Highlights
- 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 Guaranty – 1,100+ units including all Express Oil Change (356 locations), Brakes Plus (155 locations), & Mavis Tires & Brakes (1,484 locations)
- Outparcel to Walmart Supercenter and adjacent to Target and Home Depot seeing a combined 2.9 million annual visits
- Direct Visibility along Peachtree Pkwy (26k+ VPD) with efficient North and Southbound Ingress and Egress.
- Located in an extremely affluent suburb of Atlanta (Cumming, GA) - $194,193 AHHI within a 3-mile radius. Complimented by a growing population expected to grow 13.5% by 2027
- Price: $3,809,000
- Lot Size: 1.01 AC
- Cap Rate: 5.25%
- Lease Type: Absolute Triple Net
- Year Built: 2007
- Building SF: 4,728
- Status: Active
- Guarantor: Corporate Guarantee - Mavis Express Services