Two-Building Auto Service
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For Sale
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2022 Highway 72 E, Corinth, MS 38834
Express Oil Change & Tire Engineers operates under an absolute NNN lease with a corporate guaranty.
Property Size5,420 SF
Price / SF$500.34
Days on Market3
Property Features for 2022 Highway 72 E
General Information
Standard status
Active
Size
5,420 SF
Property subtype
RETAIL
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Tenancy & Operations
Tenant in Place
Yes
In-Place Lease Type
Absolute NNN
Current Tenants
Express Oil Change & Tire Engineers
Real Estate Included
Yes
Additional Details
Automotive Uses
quick lube/oil change, tire service
Building Details
Buildings
2
Tenancy
Single
Listing Agency:
Marcus & Millichap | Phoenix
(602) 687-6700
Listed By:
Alex Frankel
(216) 292-7006
Source:
Moodyscre
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 3:01PM
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
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Investment Insights
Based on property information with market context.
The property comprises two buildings totaling 5,420 SF on a nearly one-acre parcel in Corinth, Mississippi. Express Oil Change & Tire Engineers occupies the site under a 20-year absolute NNN lease backed by a corporate guaranty from Mavis Tire Express Services Corp. The lease provides for 5% rental increases every five years and includes multiple renewal options.
The site fronts US Highway 72, an east-west route connecting the area with Memphis to the west and Huntsville to the east. It sits in Corinth’s primary retail corridor, near Walmart, Lowe’s, Tractor Supply Co., Hobby Lobby, Ace Hardware, and Five Below.
The site fronts US Highway 72, an east-west route connecting the area with Memphis to the west and Huntsville to the east. It sits in Corinth’s primary retail corridor, near Walmart, Lowe’s, Tractor Supply Co., Hobby Lobby, Ace Hardware, and Five Below.
Key Highlights
- Two buildings totaling 5,420 SF on a nearly one‑acre parcel
- 20‑year absolute NNN lease with a corporate guaranty
- 5% rental increases every five years and multiple renewal options
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
18k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Tractor Supply Co.
Home Improvements & Furnishings
18,485 visits/mo
0.5 miles
Demographics for 38834, MS
27,823
Population
13,211
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
83%
High-School Grad
223.0 sq mi
ZIP Area
125
Density / Sq Mi
$50,125
Median Household Income
$34,202
Median Earnings
$730
Median Rent
$139,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- J C Gann Garage — 98 Co Rd 301, Corinth, MS 38834
- Lavender Engine Development — 1228 Salem Rd, Corinth, MS 38834
- The Hot Rod Shop — 2019 US-72, Corinth, MS 38834
- Walmart Auto Care Centers — 2301 S Harper Rd, Corinth, MS 38834
Frequently Asked Questions
What type of property is this?
Auto shop - Express Oil Change & Tire Engineers operates under an absolute NNN lease with a corporate guaranty.
Where is this auto shop located?
The property is located at 2022 Highway 72 E Corinth, MS.
What is the asking price?
The asking price for this property is $2,711,864.
What are key features of this property?
This property features: Two buildings totaling 5,420 SF on a nearly one‑acre parcel; 20‑year absolute NNN lease with a corporate guaranty; 5% rental increases every five years and multiple renewal options
