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860 SR 96Warner Robins, GA 31088
Express Oil Change
Asset ClassRetail
Deal Size$2.5 M
Cap Rate: 6.2%Retail SF: 5,501Year Built: 2024Access Data Room
Adjacent to Georgia's #3 Visited Kroger | Long-Term NNN Lease
overview of deal

Overview

Year Built: 2024

Building Size: 5,501 SF

Land Size: 0.84 AC

Guarantor: Corporate

Initial Lease Term: 15 Years

Term Remaining: 12.5+ Years

Options: 5 x 5-Year

Increases: 7.50% Every 5 Years

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Investment Highlights

LONG-TERM NNN LEASE WITH BUILT-IN-GROWTH

12.5 YEARS REMAINING ON A NNN LEASE TO EXPRESS OIL CHANGE, FEATURING A 7.50% RENT INCREASE IN YEAR 10 AND 7.5% INCREASES IN EACH RENEWAL OPTION

 

CORPORATE GUARANTY FROM INDUSTRY-LEADING OPERATOR

CORPORATELY GUARANTEED BY EXPRESS OIL CHANGE, LLC (630+ LOCATIONS)

 

ADJACENT TO GEORGIA’S #3 MOST VISITED KROGER

LOCATED LESS THAN 0.5 MILES FROM THE #3 MOST-VISITED KROGER IN GEORGIA, DRIVING CONSISTENT CONSUMER TRAFFIC AND REINFORCING THE STRENGTH OF THE RETAIL

CORRIDOR. THIS KROGER RANKS IN THE 98TH PERCENTILE NATIONWIDE FOR ALL KROGER GROCERS. VIA PLACER.AI

 

PRIME HIGH-TRAFFIC RETAIL CORRIDOR

EXCELLENT VISIBILITY ALONG HIGHWAY 96 (19,892 VPD) AND HOUSTON LAKE ROAD (23,569 VPD), POSITIONING THE PROPERTY WITHIN ONE OF THE AREA’S MOST TRAVELED INTERSECTIONS.

 

PROXIMITY TO MAJOR REGIONAL EMPLOYER, ROBINS AIR FORCE BASE

LOCATED NEAR THE ROBINS AIR FORCE BASE AIR LOGISTICS COMPLEX, GEORGIA’S LARGEST INDUSTRIAL COMPLEX, EMPLOYING MORE THAN 25,000 PERSONNEL AND PROVIDING A STABLE, LONG-TERM EMPLOYMENT BASE THAT SUPPORTS THE LOCAL ECONOMY.

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860 SR 96Warner Robins, GA 31088
#2 Most Visited Kroger in GA
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