Auto Parts
Mavis Discount Tire
NWC Hwy & SE 102nd Pl, Belleview, FL 34420
Listing Price: $3,087,533
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Mavis Discount Tire located near the intersection of Highway 21 and Southeast 102nd Place in Belleview, Florida. 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 $165,183 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
Financing By
Listing Price: $3,087,533
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 near the intersection of Highway 21 and Southeast 102nd Place in Belleview, Florida. 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 $165,183 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
Financing By
