Express Oil Change Investment
For Sale
Contact for pricing
2613 W Thomas St, Hammond, LA 70401
NNN leased Express Oil Change in Hammond, Louisiana for sale.
Property Size4,732 SF
Price / SF$468.09
Days on Market1771
Property Features for 2613 W Thomas St
General Information
Standard status
Active
Size
4,732 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$136,327
Building Details
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
Listed By:
Eric Carlton · License #CA 01809955
(949) 724-5561
Source:
Crexi
Added: Nov 2, 2021
Changed: Sep 3
Last Checked: Sep 7 at 5:19AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70401, LA
21,014
Population
10,321
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
88%
High-School Grad
34.7 sq mi
ZIP Area
606
Density / Sq Mi
$50,995
Median Household Income
$31,405
Median Earnings
$977
Median Rent
$226,800
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?
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.
