Express Oil Change & Tire Engineers - Net Lease Property for Sale
Pelham, AL
Key Investment Metrics
Price
$2,005,265
Cap Rate
5.8%
Net Operating Income
$117,308
Building Size
3150 SF
Lot Size
3,150 SF
Land Area
0.48 Acres
Remaining Term
14 years
Lease Expiration
06/30/2040
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
1994
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Express Oil Change & Tire Engineers Net Lease Property
This Express Oil Change & Tire Engineers NNN (triple net lease) property is located in Pelham, AL and represents an excellent investment opportunity for commercial real estate investors. The property features 3150 square feet of building space and was built in 1994.
With a cap rate of 5.8%, this Express Oil Change & Tire Engineers net lease property offers stable income potential. The asking price is $2,005,265, making it an attractive option for 1031 exchange investors seeking quality Express Oil Change & Tire Engineers commercial properties.
Why Invest in Express Oil Change & Tire Engineers NNN Properties?
- Stable Income: Express Oil Change & Tire Engineers net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Express Oil Change & Tire Engineers is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Pelham, AL Market Overview
Located in Pelham, AL, this Express Oil Change & Tire Engineers property benefits from strong local demographics and market fundamentals. The Pelham area offers excellent visibility and accessibility, making it an ideal location for Express Oil Change & Tire Engineers operations and a solid investment for net lease property buyers.