11 Strickland Brothers 10 Minute Oil Change Properties Sold for $25M

    June 25, 2025
    The sales include 10 transactions across Alabama, Missouri, North Carolina, Texas, and Virginia, and one in the Midwest.
    685bd92963055fdfd9d4ecb9 Pexelssorashimazaki5668838

    11 properties across five states that are tenanted by Strickland Brothers 10 Minute Oil Change have been sold for $25 million, reports Shopping Center Business.

    The newly constructed properties have been tenanted by Strickland Brothers 10 Minute Oil Change over the past five months. Each building is occupied on a 15-year absolute triple-net-lease with 10 percent rent increases every five years.

    Seller and developer Southlake, Texas-based N3 Real Estate, completed 10 transactions across Alabama, Missouri, North Carolina, Texas, and Virginia. Jeff Lefko and Bill Asher of Hanley Investment Group Real Estate Advisors, who represented the seller, also represented another private seller in a separate transaction for the sale of a Strickland Brothers property in the Midwest.

    Over the last 48 months, Hanley Investment Group Real Estate Advisors has sold $783 million in auto parts and service related properties over the past 48 months, including 36 single-tenant transactions involving Strickland Brothers, Valvoline, and Jiffy Lube properties.

    About the Author

    NOLN Staff Reporters

    The NOLN staff reporters cover the quick maintenance industry every day, from top to bottom. For news inquiries, please contact [email protected].