1198 Walnut St - Auto Repair FOR SALE


Starke, FL 32091
$2,897,196 USD
216-292-7006
1198 Walnut St, Starke, FL for Sale
$2,897,196 USD
Auto Repair - FOR SALE
1/5
null | 5.35% Cap Rate

1198 Walnut St
Starke, FL 32091


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% Rental Increases Every Five Years with Multiple Renewal Options
  • Express Oil Change & Tire Engineers Operates 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
  • Conveniently Located Along US-301, Easily Accessible by 20,000+ CPD
  • Situated Nearby Other Major Retailers Including Dollar Tree, ACE Hardware, Tractor Supply Co., IHOP, and More

OVERVIEW

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. Starke, Florida is a small city located in north-central Florida, about 25 miles southwest of Jacksonville and roughly 50 miles northeast of Gainesville. It serves as the county seat of Bradford County.

FOR SALE DETAILS

PRICE

$2,897,196 USD

PRICE/SF

$511 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Express Oil Change & Tire Engineers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.94 AC

LAND SF

127,852 SF

ZONING

-

APN/PARCEL ID

04440-0-00000

ASK ABOUT THIS PROPERTY

Alex FrankelMarcus & MillichapMore Info
216-292-7006

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Alex FrankelMarcus & MillichapMore Info
216-292-7006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.