Express Oil Change Sale-Leaseback (Mavis Guaranty) — Sale in Corinth, MS

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Corinth, MS 38834

Photos

Express Oil Change Sale-Leaseback (Mavis Guaranty) — Sale in Corinth, MS, photo 1 of 5
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Investment Figures

Cap rate
5.90%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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. Corinth, Mississippi is a regional commercial and transportation hub located in northeastern Mississippi. The city is 90 miles east of Memphis, Tennessee and100 miles west of Huntsville, Alabama. Its location near the intersection of U.S. Highways 72 and 45 makes it easily accessible from surrounding communities. The city's current population is estimated at nearly 15,000 residents, making it one of the larger cities in northeast Mississippi. Investment Highlights: • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty • Five Percent Rental Increases Every Five Years with Multiple Renewal Options • Express Oil Change and Tire Engineers Operates More Than 422 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 3,500 Service Centers Across the United States • High-Traffic Location Along US Highway 72, a Significant East-West Thoroughfare Providing a Direct Route West to Memphis, Tennessee and East to Huntsville, Alabama • Situated in Corinth's Primary Retail Corridor, Anchored by Walmart and Lowe's and Home to National Retailers: Tractor Supply Co, Hobby Lobby, Ace Hardware, Five Below, and More • Subject Property Features Two Buildings Totaling 5,420 Square Feet on a Nearly One-Acre Parcel

Market Context

This retail in Corinth, MS is listed for sale. It is offered at an approximate 5.9% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Corinth, MS — view the full market.

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