Property summary
This exceptional investment opportunity presents a 5,157 square foot, single-tenant net lease retail property occupied by Express Oil Change, guaranteed by Mavis Tire. Located at 5921 Reagan Ln, Ooltewah, TN 37363, this new construction building sits on a 0.74-acre lot (APN 132-020.09) and boasts a strong 5.00% cap rate with a current NOI of $154,520. The 15-year lease includes five, five-year renewal options, with rental increases of 7.50% every five years. This absolute NNN lease offers… zero landlord responsibilities, making it an ideal passive income investment. The property benefits from its strategic location along US Hwy 64, just off Interstate 75, providing excellent visibility and access to a high volume of traffic (over 34,500 vehicles per day). It's shadow-anchored by a Walmart Supercenter and surrounded by other major national retailers, including Chick-fil-A, Verizon, ALDI, Starbucks, Food City, McDonald's, Panda Express, and Valvoline, indicating a strong retail trade corridor. The surrounding area demonstrates robust demographics, with over 53,334 residents within a 5-mile radius and an average household income exceeding $98,755. The asking price for this turnkey investment is $3,090,000. Mavis Tire, the parent company of Express Oil Change, operates over 1,100 service centers across 27 states, ensuring financial stability and long-term viability. This property is an excellent choice for 1031 exchange investors seeking a low-maintenance, high-return investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 7 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,488 SF
- Lot area
- 0.8 ac
- Year built
- 2021
- Stories
- 1
- APN
- 132 020.09
- Zoning
- C3
- Assessed value · 2023
- $682,880
- Annual tax · 2023
- $25,878
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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