Express Oil Change
$3,482,034
601 Market Place Boulevard, Locust Grove, GA 30248
5.9
Cap Rate
205,440
NOI
Details:
Highlights:
- BONUS DEPRECIATION - Property may qualify for accelerated depreciation through a cost segregation study. Consulting your Accountant or Tax Attorney is advised.
- 15+ YEARS REMAINING ON ABSOLUTE NNN LEASE - Long-term lease structure with zero landlord responsibilities and 7% rental increases every 5 years, providing predictable income growth.
- STRONG CORPORATE GUARANTY - Lease backed by Mavis Tire Express, a leading national tire and automotive service operator with approximately 3,600 locations nationwide.
- INSTITUTIONALLY BACKED TENANT - Mavis was acquired by BayPine and TSG Consumer Partners in 2021 in a transaction reportedly valuing the company at approximately $6 billion including debt.
- STRONG UNIT-LEVEL PERFORMANCE - Location benefits from strong and upward-trending store sales, supporting attractive unit-level profitability and long-term tenant viability.
- RAPIDLY GROWING ATLANTA SUBURB - Located in Locust Grove, the fastest-growing city in Henry County, one of the fastest-growing counties in the U.S.
- AFFLUENT TRADE AREA - Surrounded by affluent communities with average household incomes exceeding $111,000 within 3 miles.
- EXCELLENT ACCESS, VISIBILITY & TRAFFIC - 44,900+ VPD at a signalized intersection just off I-75 (98,800+ VPD) with direct connectivity to Downtown Atlanta.
- WALMART OUTPARCEL & MAJOR RETAIL CORRIDOR - Outparcel to a high-volume Walmart Supercenter and minutes from Tanger Outlets, attracting approximately 4 million annual shoppers.
- MAJOR INDUSTRIAL DEMAND DRIVER - Across from 4.1 million SF Gardner Logistics Park, near the 4.5 million SF Cubes at Locust Grove, and surrounded by 44+ million SF of industrial facilities.
- ESTABLISHED INDUSTRIAL & DISTRIBUTION HUB - Located just south of Locust Grove’s industrial zone, which contains more than 44 million SF of industrial facilities and warehouses.
- STRATEGIC ATLANTA MSA LOCATION - Approximately 30 miles from Hartsfield-Jackson Atlanta International Airport, providing exceptional regional, national, and international connectivity.
Description:
Introducing a prime investment opportunity! This 4,730 SF free-standing building, constructed in 2021, is situated in the sought-after Locust Grove area. Boasting a 100% occupancy rate, this property offers an attractive proposition for retail investors seeking a high-performing asset. With a modern build and a prime location, this property presents a compelling opportunity for those looking to add a valuable asset to their investment portfolio.
Locust Grove, GA - A Rapidly Growing Metro Atlanta Community Along the I-75 Corridor
Location & Regional Connectivity
Locust Grove, Georgia is strategically located in southern Henry County, approximately 35 miles southeast of Downtown Atlanta and roughly 30 miles from Hartsfield-Jackson Atlanta International Airport. The city is positioned directly along Interstate 75 at Exit 212, providing convenient access to Atlanta, Macon, and the broader Southeast. This location has helped establish Locust Grove as an important residential, retail, and logistics market within the expanding southern Atlanta metropolitan area.
Community & Demographics
Locust Grove has transformed from a small rural community into a rapidly developing Atlanta suburb, benefiting from continued population growth throughout Henry County. Henry County reached an estimated 264,900 residents in 2025, representing growth of approximately 10% since 2020. Continued residential development throughout southern Henry County is expanding the area's consumer base and supporting additional demand for retail, restaurants, healthcare, and other services.
Economic Drivers & Employment
The local economy has evolved beyond its agricultural roots and is now supported by retail, warehousing, distribution, healthcare, manufacturing, and professional services. Locust Grove's location along I-75 places it within one of Metro Atlanta's major logistics corridors, providing businesses with direct access to Atlanta and important freight routes connecting the Southeast. Henry County has developed a substantial concentration of warehousing and distribution facilities, reinforcing the area's importance to regional commerce.
Retail & Commercial Strength
Locust Grove serves as a significant regional retail destination, anchored by the Tanger Outlets area near I-75 and Bill Gardner Parkway. The commercial district attracts shoppers from throughout the region and is supported by a concentration of national retailers, restaurants, hotels, and service businesses. The city has identified Tanger as one of its major economic engines, helping Locust Grove capture consumer spending well beyond its immediate residential population.
Growth & Infrastructure
Continued investment in transportation, infrastructure, and commercial development is helping accommodate the city's growth. Planned and ongoing improvements around Bill Gardner Parkway, Highway 42, and the I-75 interchange are designed to improve mobility as residential and commercial activity expands. These investments further strengthen Locust Grove's position as a growing commercial center in southern Henry County.
Documents:
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Location
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