Express Oil Change Investment
2613 W Thomas St Hammond, LA 70401
For Sale
Contact for pricing
NNN leased Express Oil Change in Hammond, Louisiana for sale.
Property Size4,732 SF
Price / SF$468.09
Days on Market1725
Property Features for 2613 W Thomas St
General Information
- Standard status
- Active
- Size
- 4,732 SF
- Property subtype
- Retail
Listing Agency:
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Nov 2, 2021
Changed: Jul 6
Last Checked: Jul 23 at 10:28AM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire a corporate-guaranteed, absolute NNN single-tenant net lease investment occupied by Express Oil Change, guaranteed by Mavis Tire. The lease has a 15-year base term with five 5-year options. The property is located on Thomas Street (US Highway 190) in Hammond, Louisiana, near major retailers such as Walmart Supercenter, Hobby Lobby, Winn-Dixie, Ross Dress for Less, Lowe’s, and Albertson’s. The location benefits from high traffic volume, with over 23,500 vehicles per day, and offers easy access from both right and left turns. The property is a new construction, passive income-generating investment with a long-term 15-year lease that is corporate guaranteed with zero landlord responsibilities. The building size is 4,732 square feet.
Key Highlights
- Corporate guaranteed Mavis Tire absolute NNN lease for passive income.
- Brand new construction with a long‑term 15‑year base lease.
- Located on Thomas St. (US Hwy 190) with high traffic volume and easy access.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Express Oil Change ...
Auto Repair Shop
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FAQs
What type of property is this?
Auto shop - NNN leased Express Oil Change in Hammond, Louisiana for sale.
Where is this auto shop located?
The property is located at 2613 W Thomas St Hammond, LA.
What is the asking price?
The asking price for this property is $2,215,000.
What are key features of this property?
This property features: Corporate guaranteed Mavis Tire absolute NNN lease for passive income.; Brand new construction with a long‑term 15‑year base lease.; Located on Thomas St. (US Hwy 190) with high traffic volume and easy access.