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Get In TouchOil Changers | St. Joesph, MO
Oil Changers
3717 Sherman Avenue, St Joseph, MO 64506, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,500 SF Oil Changers Absolute NNN Located at 3717 Sherman Avenue in St. Joesph, MO. The Corporate Guarantee Ensures Long-Term Investment Security and Stability, Providing For a Secured Investment.
Corporate Guarantee | 15-Year Absolute NNN Lease | Established Market Presence
- Corporate Guarantee From Oil Changers: This Property is Backed By Oil Changers, The Nation’s Largest Independent Oil Change Operator, With Over 200 Locations Nationwide; Since 1984, Oil Changers Has Built a Reputation For Delivering High-Quality, Fast. and Efficient “Stay in Your Car” Oil Change Services; The Corporate Guarantee Ensures Long-Term Investment Security and Stability
- Highly Experienced Leadership Team Driving Growth: Oil Changers is Led By an Exceptionally Skilled Executive Team With Deep Industry Expertise: Their Strategic Leadership Has Been Instrumental in the Company’s Rapid Expansion and Long-Term Success, Positioning Oil Changers as a Dominant Player in the Quick Lube Industry
- Long-Term Market Presence: Prior to the Acquisition By Oil Changers, This Location Has Operated Successfully in the St. Joseph Market For Over a Decade, Demonstrating a Strong and Proven Business Model; The Property’s Established Presence Ensures Dependable Cash Flow and Tenant Stability
- Lower Rents Relative to Volume: The Lease Benefits From Below-Market Rents Relative to Business Volume, Providing a Favorable Rent-to-Sales Ratio: This Setup Enhances the Tenant’s Long-Term Profitability and Makes This a Sustainable, High-Performing Investment
- Proven Sales and Business Success: The Oil Changers Location at 3717 Sherman Avenue Has a Track Record of Strong Sales, Driven By Consistent Customer Demand For Fast Oil Change Services; The Property’s Prime Positioning in St. Joseph Contributes to Its Continued Success
Prime St. Joseph, MO Location | High-Traffic Area With Strong Visibility
- Strategic St. Joseph Location: This Property Benefits From Excellent Visibility and Accessibility Along a Major Commercial Corridor: With Over 24,000 Vehicles Passing Daily. This High-Traffic Site Ensures Consistent Customer Flow and Strong Business Performance
- Proximity to Major Economic Drivers: The Property is Located Near Key Regional Employers, Including Mosaic Life Care Medical Center, Missouri Western State University, and Major Industrial Hubs, All of Which Contribute to a Steady Stream of Customers
- Thriving Retail and Commercial Corridor: The Surrounding Area Features a Mix of National and Regional Retailers Such as Walmart, Hy-Vee, Walgreens, and Menards, Creating Strong Retail Synergy and Driving Foot Traffic to the Property
Strong Demographics | Growing Trade Area
- Stable Population and Income Levels: The St. Joseph Area Boasts a Population of Over 77,000 Residents Within a 5-Mile Radius, With an Average Household Income Exceeding $65,000; These Favorable Demographics Support Sustained Tenant Success and Business Growth
- Proven Business Model in a High-Demand Market: Oil Changers Has Built a Trusted Reputation For Fast, Reliable Service: This Combination of Essential Services in a Prime Retail Corridor Makes This Property a Secure and Attractive Investment Opportunity
In Cooperation With Sands Investment Group Missouri, LLC – Lic. #2019044754 BoR: Tom Gorman Lic. MO #2023012377
Oil Changers
3717 Sherman Avenue, St Joseph, MO 64506, USA
OIL CHANGER
Oil Changers is the nation’s largest independent oil change business, with more than 200+ locations to serve you. Since 1984, Oil Changers has delivered a “stay in your car” experience focused on quality, speed, and simplicity. In 1984, automotive entrepreneur Larry Read started Oil Changers with a single location in the Bay Area. His vision was to provide a fast and convenient lube and oil experience, getting customers back on the road fast. Oil Changers was one of the first operators to develop the drive-through, stayin- your-car oil change model and we have continued to perfect it over the years. Despite our growth, we remain committed to giving back to the communities we serve, developing our employees both personally and professionally, and practicing sustainability in business.
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Price
$930,728
Cap Rate
6.25%
PREMISES
1,500 SF
RENEWAL OPTIONS
4 x 5 Year Options
Lease Expiration
15 Years From Close of Escrow
Lease Type
Absolute NNN
RENTAL INCREASES
10% Every 5 Years
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
By filling in your information and submitting this form, you are accepting the terms of this agreement.