Auto Service Triple-Net
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1198 South Walnut Street, Starke, FL 32091
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 Market129
Property Features for 1198 South Walnut Street
General Information
Standard status
Active
Size
5,670 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$155,000
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2025
Tenancy
Single
Listing Agency:
Marcus & Millichap - Columbus
(479) 785-4343
Listed By:
Alex Frankel · License #OH 2017002396
Source:
Crexi
Added: Apr 23
Changed: Aug 26
Last Checked: Aug 29 at 3:35AM
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 - Columbus
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
Property Profile
Current Use
Lease Details
20,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
164k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 22%
Apparel 9%
Groceries 8%
McDonald's
Dining
25,336 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,184 visits/mo
0.1 miles
Bealls
Apparel
13,220 visits/mo
0.2 miles
VyStar Credit Union
Shops & Services
12,901 visits/mo
0.2 miles
Aldi
Groceries
12,361 visits/mo
0.2 miles
Demographics for 32091, FL
17,806
Population
6,751
Households
2.6
Avg Household Size
40
Median Age
16%
College-Educated
86%
High-School Grad
152.1 sq mi
ZIP Area
117
Density / Sq Mi
$53,522
Median Household Income
$37,665
Median Earnings
$823
Median Rent
$175,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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 South Walnut Street 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
