Auto Parts
Mavis
929 Iris Dr, Conyers, GA 30094
Listing Price: $2,863,636
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Mavis Discount Tire located at 929 Iris Drive in Conyers, Georgia. This Mavis Discount Tire is subject to a 20-year Absolute Triple-Net (NNN) lease, which commences upon close of escrow. The annual rent is $157,500 and is scheduled to increase by five (5%) percent every five (5) years. There are six (6), five (5)-year tenant renewal options.
Exclusively Listed By
Broker of Record
Listing Price: $2,863,636
Investment Highlights
- Long Term 20-Year Sale-Leaseback
- Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Mavis Discount Tire located at 929 Iris Drive in Conyers, Georgia. This Mavis Discount Tire is subject to a 20-year Absolute Triple-Net (NNN) lease, which commences upon close of escrow. The annual rent is $157,500 and is scheduled to increase by five (5%) percent every five (5) years. There are six (6), five (5)-year tenant renewal options.
Exclusively Listed By
Broker of Record
