Auto Service - Gas-Conv
Mavis Tire [High-Yield Opportunity]
204 Yopp Rd, Jacksonville, NC 28540
Listing Price: $2,750,000
Investment Overview
HIGHEST MAVIS CAP RATE ON THE MARKET (7.25% CAP) | Single-Tenant Mavis Tire & Brakes shadowing a busy Walmart and Lowe's anchored shopping center. This property was developed in 2012 by Family Tire & Auto Service and then leased to Mavis in 2017 upon the acquisition of the former operator. The shop is located 1.2 miles North of the largest Marine Corps Base on the East Coast, Camp Lejeune which drives multiple visitors to the area and consistent customer base. Other national tenants are actively looking for parcels in the proximity. Some of the recent additions include Chipotle, Aldi, Starbucks and Advance Auto.
Mavis Tire [High-Yield Opportunity]
Investment Highlights
- Adjacent to Walmart and Lowe's Shopping Center - Drives Consistent Customer Base
- Mavis is the Largest Tire Dealer in the U.S. - Approximately 2,000 locations Across 35+ States
- Previous Operator Acquired by Mavis [2017] - Formerly Family Tire & Auto Service
- New Commercial Developments in Immediate Area - Tenants Include Chipotle, Aldi, Starbucks, Advance Auto
- 1.8 Miles to Largest Marine Corps Base on East Coast - Marine Corps Camp Lejeune [Population of 99,615]
- Build-to-Suit Tire Shop in 2012 - Large Format [11,040 SF] Sitting on 1.53 acres
- Quick Access to Major Highway - Hwy 24 and 53 Bypass [28,000 AADT]
Listing Price: $2,750,000
Investment Highlights
- Adjacent to Walmart and Lowe's Shopping Center - Drives Consistent Customer Base
- Mavis is the Largest Tire Dealer in the U.S. - Approximately 2,000 locations Across 35+ States
- Previous Operator Acquired by Mavis [2017] - Formerly Family Tire & Auto Service
- New Commercial Developments in Immediate Area - Tenants Include Chipotle, Aldi, Starbucks, Advance Auto
- 1.8 Miles to Largest Marine Corps Base on East Coast - Marine Corps Camp Lejeune [Population of 99,615]
- Build-to-Suit Tire Shop in 2012 - Large Format [11,040 SF] Sitting on 1.53 acres
- Quick Access to Major Highway - Hwy 24 and 53 Bypass [28,000 AADT]
Investment Overview
HIGHEST MAVIS CAP RATE ON THE MARKET (7.25% CAP) | Single-Tenant Mavis Tire & Brakes shadowing a busy Walmart and Lowe's anchored shopping center. This property was developed in 2012 by Family Tire & Auto Service and then leased to Mavis in 2017 upon the acquisition of the former operator. The shop is located 1.2 miles North of the largest Marine Corps Base on the East Coast, Camp Lejeune which drives multiple visitors to the area and consistent customer base. Other national tenants are actively looking for parcels in the proximity. Some of the recent additions include Chipotle, Aldi, Starbucks and Advance Auto.
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