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Long Term NNN Corp. Lease- Prominent Site Express Oil

4,732 SF Retail Building Covington, LA 70433 £1,827,021 (£386/SF) 6.15% Net Initial Yield

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Investment Highlights

Newer 15 Yr. NNN Corp. Lease with Express Oil & Tire Engineers - Part Mavis Discount Tire Inc
Express Oil Part of one of the Largest Automotive Service Platforms in U.S. - 1100+ Locations
Zero LL Duties & Brand New 2020 Prototype Construction- Rare 2.5% Annual Bumps - Off Interstate 12

High Profile Retail Site next Sam’s Club/Target/Winn Dixie - Adjacent River Chase Power Center
Suburban City of New Orleans MSA- Tremendous Demo’s ($129,737 HHI) - World Class Tourism
Subsidiary of Golden Gate Capital w/ $19B+ in Assets - Rare Corp. Guarantee on Lease (Mavis Tire Corp)

Executive Summary

We are pleased to offer to qualified investors, an opportunity to acquire a corporate guaranteed absolute NNN single tenant net lease investment, occupied by Express Oil Change (guaranteed by Mavis Tire) on a 15 year base term with 5, 5 year options. The subject property is located along the one of the main North/South corridors through Covington, LA just off Interstate 12 and is positioned near major retailers such as Winn-Dixie, CVS, Walgreens, Target, Ross Dress for Less, Kohl’s Mercedes-Benz of Covington and more. This is an excellent opportunity to own a new construction, passive income generating investment on a long term 15-year lease that is corporate guaranteed with zero landlord responsibilities.