Express Oil Change | 1811 2nd Ave E
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Express Oil Change 1811 2nd Ave E
6,500 SF Retail Building Oneonta, AL 35121 $3,827,169 CAD ($589 CAD/SF) 6% Cap Rate
Investment Highlights
- 20-Year Absolute Triple Net (NNN) Lease
- Recession Resistant Due to Non Discretionary Nature of Services
- Strong Corporate Guarantee
- Attractive Rent Increases
Executive Summary
NNN Pro is pleased to present the exclusive listing for an Express
Oil Change located at 1811 2nd Avenue East, Oneonta, AL 35121.
The site consists of roughly 6,500 rentable square feet of building
space on an estimated 1-acre parcel of land. This Express Oil
Change is subject to a 20-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be
$162,000 and has scheduled increases of 5.00% every 5 years.
Oil Change located at 1811 2nd Avenue East, Oneonta, AL 35121.
The site consists of roughly 6,500 rentable square feet of building
space on an estimated 1-acre parcel of land. This Express Oil
Change is subject to a 20-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be
$162,000 and has scheduled increases of 5.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
6,500 SF
Building Class
C
Year Built
2024
Price
$3,827,169 CAD
Price Per SF
$589 CAD
Cap Rate
6%
NOI
$229,630 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.00 AC
Zoning
1C - Commercial
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Express Oil Change | 1811 2nd Ave E
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