Marcus & Millichap is pleased to present the exclusive listing for an Express Oil Change located at 14519 US 231 431 North, Hazel Green, Alabama.
This Express Oil Change is subject to a 20-year Absolute Triple-Net (NNN) sale-leaseback, which will commence upon the close of escrow. The annual rent is$125,500 and is scheduled to increase by five percent (5%) every five (5) years. There are six (6), five (5)-year tenant renewal options.
About the Investment
Long Term 20-Year Sale-Leaseback
Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
Six (6) Tenant Renewal Periods of Five (5) Years Each