Strickland Brothers Oil Change Portfolio

Established in 2016, Strickland Brothers 10-Minute Oil Change strives to be a breath of fresh air in the auto industry. Featuring a 10 minute, stay in your car oil change, Strickland Brother's has stormed onto the automotive stage and is beginning to franchise their idea. The mission of Strickland Brothers 10 Minute Oil Change is to exceed the expectations of every customer by setting and meeting service standards that are innovative and centered around the highest level of service, every time. With strong financials and a corporate guarantee, this commercial portfolio is a great opportunity.

The entire portfolio consists of 10 properties located across NC, SC, VA, & WV. Investors may purchase each property individually or bundled at a package price with a better CAP rate. While the specifics of each property vary slightly, all properties include:

  • Absolute NNN Leases
  • 1.5% annual escalations
  • 20 year lease term
  • (2) Five year renewals
  • 5.5% CAP rate
  • Recent updates and renovations

Details on each property can be found in the table below, along with a link to download the respective brochure.

STORE

LocaTION

BUILDING SIZE

LOT SIZE (Acres)

PRICE

ANNUAL RENT (ABSOLUTE NNN)

BROCHURE

​​​​2

110 Carmel Dr

King, NC 27021

2,260 SF

.45

$865,000

$48,000

3

1910 N Bridge St

Elkin, NC 28621

2,080 SF

1.39

$1,200,000

$66,000

4

701 S State St

Yadkinville, NC 27055

2,760 SF

.51

$875,000

$48,000

5

1565 Charlotte Hwy

Lancaster, SC 29720

2,838

.24

$1,200,000

$66,000

7

111 Hospital Ave

Lenoir, NC 28645

2,071 SF

.40

$655,000

$36,000

8

226 16th St NW

Hickory, NC 28601

2,265 SF

.17

$655,000

$36,000

9

2142 N Center St

Hickory, NC 28601

2,640 SF

.37

$665,000

$36,000

11

2201 Maccorkle Ave

St Albans, WV 25177

3,615 SF

.46

$1,200,000

$66,000

12

3782 Teays Valley Rd

Hurricane, WV 25526

4,725 SF

.47

$1,200,000

$66,000

13

3467 Old Halifax Rd #A

South Boston, VA 24592

5,215 SF

.33

$1,635,000

$90,000

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