Express Oil Change | Affluent Atlanta Suburb

Investment Highlights

INTERSTATE LOCATION (147,000 VPD) | ACROSS FROM WALMART & LOWE’S
• The subject property is located off Interstate 75 (147,000 VPD) and surrounded by over 2.4 million SF of national retailers, including Walmart, Hobby Lobby, Academy Sports, RaceTrac, and more.
• I-75 is a major interstate connecting North-South interstates from the Northern Tip of Michigan to South Florida.
• This Express Oil Change is across from McDonough Marketplace, the #10/303 performing community shopping center in the state..
• McDonough Marketplace is a 65-acre development with a Walmart Supercenter, Lowe’s, Office Depot, and more.

DEVELOPMENT POCKET | NEXT TO NEWLY CONSTRUCTED CHICK-FIL-A
• Nearby new developments include a New BJ’s Wholesale, Chick-Fil-A, and The Crest at South Point Apartments (378 Units).
• The subject property is next to a newly constructed Chick-fil-A that opened in November 2024.
• The Crest at South Point Apartments, a new Class A multifamily development with 378 units, was completed in 2024.
• In 2023, a New BJ’s Wholesale was built along this corridor.

EXPRESS OIL CHANGE RANKS #15/61 IN GA (TOP 33%)
• The subject property is ranked #15/61 in GA (Top 33%).
• This location ranks #88/346 in the country (Top 26%).

HIGH GROWTH AFFLUENT ATLANTA SUBURB
• McDonough is the county seat of Henry County, which is one of the fastest growing counties in the entire U.S.
• The 5 mile population from the subject property is 87,258, with over 6.76% growth. The 5 mile average household income is $106,215.

ATLANTA MSA | ECONOMIC HUB AND ENGINE OF THE SOUTHEAST
• McDonough is located 30 miles south of Atlanta.
• Atlanta is the hub and economic engine of the Southeast, which is the fastest-growing region in the U.S.
• Atlanta is home to multiple Fortune 500 companies, including the Coca-Cola Company, Home Depot, Delta Air Lines, and more.
• Home to multiple colleges and universities, including Georgia State (32,082 Students), Georgia Institute of Technology (26,839 Students), and Emory University (14,769 Students).
• Atlanta is also home to the busiest airport in the world, Hartsfield-Jackson Atlanta International Airport, which handles more than 100 million passengers annually.

20 YEAR NNN CORPORATE LEASE WITH RENT BUMPS IN LEASE & OPTIONS
• The subject property is a 6,664 SF Express Oil Change with 10 service bays and 17 years remaining on a corporate lease.
• The subject property has a 20-year lease guaranteed by Mavis Tire Express Intermediate Services, Corp (Corporate).
• The lease is absolute NNN, and the tenant is responsible for all taxes, insurance, CAM, roof, and structure.
• There are attractive 7% rental increases every 5 years during the initial lease and each of the four, 5-year option periods.

CORPORATE GUARANTEED BY MAVIS TIRE EXPRESS CORP.
• Express Oil Change & Tire Engineers with services including its signature 10-minute oil change, in addition to full-service mechanical, tires, brakes, and more general service offerings.
• This lease is corporately guaranteed by Mavis Tire Express Corp. Express Oil operates over 380 locations and Mavis Tire operators over 2,000 locations.
• Today, as the largest multi-brand tire dealer in the United States, Mavis operates over 2,000 service centers in 38 states under three operating formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus.
• Founded in 1979, Express Oil Change has over 45 years of operational history and benefits from strong private equity support via Golden Gate Capital.