Auto Service Triple-Net
1198 S Walnut St Starke, FL 32091
For Sale
Contact for pricing
Brand new 20-year absolute NNN lease with corporate guaranty, operated by Express Oil Change & Tire Engineers.
Property Size5,670 SF
Price / SF$510.97
Days on Market95
Property Features for 1198 S Walnut St
General Information
- Standard status
- Active
- Size
- 5,670 SF
- Property subtype
- RETAIL
Listing Agency:
Marcus & Millichap | Phoenix
(216) 292-7006
Listed By:
Alex Frankel · License #SA550593000
(216) 292-7006
Source:
Moodyscre
Added: Apr 24
Changed: Jul 27
Last Checked: Jul 27 at 5:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Phoenix
Investment Insights
Based on property information with market context.
This offering features a brand new 20-year absolute triple-net (NNN) lease with a corporate guaranty. Express Oil Change & Tire Engineers operates the site, and the lease structure includes 5% rental increases every five years with multiple renewal options. The corporate guaranty is provided by Mavis Tire Express Services Corp., supporting the long-term lease framework for this automotive service location.
The property is conveniently located along US-301 with accessibility supported by 20,000+ CPD. It is situated near other major retailers including Dollar Tree, ACE Hardware, Tractor Supply Co., and IHOP, placing the site within an established retail corridor.
The tenant’s operating footprint is extensive, with Express Oil Change & Tire Engineers operating 422+ locations across 19 states, with Mavis Tire Express Services Corp. described as having over 3,500 service centers nationwide.
The property is conveniently located along US-301 with accessibility supported by 20,000+ CPD. It is situated near other major retailers including Dollar Tree, ACE Hardware, Tractor Supply Co., and IHOP, placing the site within an established retail corridor.
The tenant’s operating footprint is extensive, with Express Oil Change & Tire Engineers operating 422+ locations across 19 states, with Mavis Tire Express Services Corp. described as having over 3,500 service centers nationwide.
Key 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
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
FAQs
What type of property is this?
NNN property - Brand new 20-year absolute NNN lease with corporate guaranty, operated by Express Oil Change & Tire Engineers.
Where is this nnn property located?
The property is located at 1198 S Walnut St Starke, FL.
What is the asking price?
The asking price for this property is $2,897,196.
What are key features of this property?
This property features: 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
