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| Price $1,250,000 | Built/Renov 2024 | Tenant Mavis Discount Tire (GL) |
| Cap Rate 5.20% | Lease Type
Abs NNN | Guarantor Corp Rated |
| Size/SF
6,925
| Lease Start
09-01-2024
| #Units
879
|
| Price/SF $180.51 | Expiration
12-01-2044
| Tenant Type Automotive |
| NOI $65,000 | R. Term 20.0 | Ownership Ground Lease |
| Rent/SF
$9.39
| Increases 10.0%/5/yrs | Pop 5Mi 15,177 |
| Lot/AC 1.86 | Options 6/5yrs/10% | AHHI 5Mi $71,682 |
| | |
Mavis Discount Tire is currently under construction with a 2024 opening. The site is situated as an outparcel to a Publix anchored shopping center at the signalized, hard corner intersection of John T Reid Parkway and State Highway 35 with access to 51,000 vehicles per day. Additionally, the site is positioned across from Scottsboro Marketplace, a Walmart shadow anchored center that’s home to...
...New construction
Build to suit
Near major nationals
Shopping Ctr out-parcel
Highway location
Brand new lease
Long 20+ yr lease
Absolute NNN
Corporate Guarantee
Credit rated company
Mavis Discount Tire (“Mavis”) is an independent American tire dealer and automotive service chain. Founded in 1972, the chain offers additional services including brakes, alignments, suspension,...
Gibsonia, PA
Cap Rate 5.15%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 2,100
Opelika, AL
Cap Rate 4.75%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 2,089
Batesburg-Leesville, SC
Cap Rate 5.75%
Lease Double NN
R. Term 8.11 yrs
Size/SF 7,000
Bryant, AR
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 4,850
Columbia, SC
Cap Rate 5.50%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,015
San Angelo, TX
Cap Rate 5.35%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,421
Calhoun, GA
Cap Rate 5.50%
Lease NN+
R. Term 10.00 yrs
Size/SF 1,462
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
