Strickland Bros. | 15 Yr Abs NNN | Publix Adj 810 Seven Oaks Blvd

TENNESSEE BROKER OF RECORD - JONES AUR - License No. 332.179.00
Faris Lee Investments is pleased to present the unique opportunity to acquire the fee simple interest (land & building) in freestanding outparcel located at 810 Seven Oaks Blvd., Smyrna, Tennessee. This investment features a new STNL Strickland Brothers property on a long-term 15-year executed lease. This investment features fixed rental increases of 10% every five years through the initial term and option periods, offering a growing income stream and long-term security for investors. The property sits on a 0.67-acre parcel which includes ample parking with 10 spaces. Its prime location on a major Interstate ensures high visibility and accessibility, making it a highly attractive investment.
Strickland Brothers is a rapidly growing automotive service brand with over 227 locations across 27 states in the U.S. Established with a vision to revolutionize the quick-service oil change industry, the company has been partnered with Princeton Equity Group since 2021 to fuel its expansive growth. Strickland Brothers specializes in the high-demand “10-minute oil change” model, which requires no appointment, ensuring maximum convenience for its customers. In addition to oil changes, Strickland Brothers offers a variety of essential maintenance services, including air filter replacements, battery checks, wiper blade replacements, and more. The company’s strategic growth plan aims to continue its expansion across the U.S., Strickland Brothers is on track to solidify its presence in the market, aiming to exceed 300 locations by 2026.
The subject property is part of a high-traffic retail corridor, located near Interstate 24 with easy access and visibility to over 120,000 VPD, and along Hwy 102 with over 28,000 VPD. The property benefits from strong trade area demographics with a population of over 95,000 and an average household income of $97,000 within a 5-mile radius. Nearby national retailers include Publix, Starbucks, Bojangles, RaceTrac, and a Circle K, contributing to the area’s robust commercial environment and ensuring consistent customer traffic. Additionally, the trade area includes significant industrial properties and a growing residential community, enhancing the property’s strategic location. The presence of major corporations like Nissan, Pepsi, Tenneco, and Asurion underscores the area’s industrial vitality, while new residential developments ensure a steady and increasing customer base, making this location highly desirable for investors.