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Express Oil Change & Tire Engineers 14234 Litchfield Rd 5,672 SF Retail Building Surprise, AZ 85379 $4,471,822 CAD ($788.40 CAD/SF) 5.35% Cap Rate

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Investment Highlights

Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
Express Oil Change & Tire Engineers Operates 422+ Locations Across 19 States
220,546 Residents within a 5-Mile Radius in Growing Phoenix MSA Trade Area

5% Rental Increases Every Five Years with Multiple Renewal Options
Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States
Average Household Income Exceeds $109,000 within 1 Mile of the Subject Property

Executive Summary

Express Oil Change & Tire Engineers is an American automotive maintenance brand with services including its signature 10 minute oil change, in addition to full-service mechanical, tires, brakes, and more general service offerings. The brand operates over 422 locations across 19 states.
Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents.

Express Oil Change SLB_Surprise, AZ_Marketing Package