11993 US Highway 431 - Auto Repair FOR SALE


Guntersville, AL 35976
$2,203,390 USD
216-292-7006
11993 US Highway 431, Guntersville, AL for Sale
$2,203,390 USD
Auto Repair - FOR SALE
1/5
null | 5.9% Cap Rate

11993 US Highway 431
Guntersville, AL 35976


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Express Oil Change & Tire Engineers Operates Over 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
  • Average Household Income Exceeds $86,000 Within Three Miles of the Subject Property
  • Easily Accessible by Approx. 30,270 Cars per Day Along Florida Short Route (US-431) Providing Direct Route to Downtown Guntersville and Albertville

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. Guntersville is a city and the county seat of Marshall County, Alabama. At the 2024 census, the population of the city was 9,242. The Huntsville–Decatur–Albertville combined statistical area is the most populated sub-region of North Alabama, and is the second largest combined statistical area in the State of Alabama after Birmingham.

FOR SALE DETAILS

PRICE

$2,203,390 USD

PRICE/SF

$399 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Express Oil Change Sale-Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

-

APN/PARCEL ID

150725-0-000-050000

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.