Express Oil | Pelham, AL

Express Oil Change is offered for sale at 2308 Pelham Parkway in Pelham, Alabama. The single-tenant automotive service property contains 3,150 square feet on a 0.48-acre parcel. Built in 1994, the building accommodates an operating oil-change, tire-service and automotive-repair business along Pelham Parkway in the Birmingham market.

The asking price is $1,876,928, with an advertised cap rate of 6.25%. The offering materials identify annual rent of $117,308. The asking price equates to approximately $595.85 per square foot of building area.

The offering memorandum describes an absolute NNN lease with no landlord responsibilities and a corporate guaranty from Express Oil Change/Mavis Tire. The stated lease expiration is June 30, 2040. Scheduled rent increases are 10% every five years, and the materials identify four additional five-year renewal options. The broker describes approximately 14 years of remaining term in the offering.

Shelby County’s 2026 property record identifies the parcel as 14 3 06 2 001 010.003 and confirms 0.480 acres, a 1994 year built and 3,150 square feet of base building area. The county also lists a 100-by-210-foot lot. These county measurements support the principal property specifications in the offering memorandum.

Broker-supplied aerial imagery reports 31,180 cars per day on Pelham Parkway. The offering is marketed as a fee-simple investment by STREAM Capital Partners.