Listed by Marcus & Millichap - San Diego
$2,299,000
Express Oil Change
Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 4,473
Cap Rate 7.50%
NOI $172,393
Occupancy 100%
Tenancy Single
Brand/Tenant Express Oil Change
Lease Expiration 12/31/2031
Remaining Term 5.5
Rent Bumps Yes
Lease Options Two, 5-Year
Year Built 2011
Acreage 0.530
Ground Lease No
Absolute NNN Lease, High-Performing & Profitable Store | Adjacent to Walmart
Investment highlights
- 4+ Years Remaining with 15% Increases Every 5 Years
- Absolute NNN Lease, No Landlord Responsibilities
- 16-Year Operating History at This Location, High-Performing and Profitable Store
- Express Oil & Tire is a National Leader in Auto Service
- Serving Over 135,000 Residents in Rapidly Growing Suburb to Oklahoma City
- Cleveland County is One of the Fastest-Growing Counties in the State
- Average Household Income Exceeds $93,000 in 3 Miles and $103,000 in 5 Miles
- Regional Retail Hub, Across from Target and Home Depot Anchored Power Center Centers
- Adjacent to Walmart Supercenter, Winco Foods Grocery Store and ½ Mile to New Costco
- Excellent Visibility & Access to 49,200 Cars/Day at Busy Signalized Intersection
- Just Off I-35 with 114,000+ Cars/Day, One of the Busiest Highways in the Nation
- Strong Daytime Population, More Than 31,000 Employees in Primary Trade Area
- Surrounded by Several K-12 Schools with 16,000 Students
- North of the University of Oklahoma Norman with 32,000+ Students and 8,600+ Employees
- Close Proximity to Tinker Air Force Base with 26,000 Employees, Largest Single-Site Employer in the State
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$172,393.00
$14,366.08/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
Map
Zoning
C3 CommercialGeneral CommercialGeneral Commercial District
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View all 50 uses Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics
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