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Auto Parts

Mavis Discount Tire

2 Main St, Little Falls, NJ 07424

Listing Price: $2,863,636

Cap Rate
5.50%
Tenant Name
Mavis Tire Express Services Corp
Years Remaining On Lease
19.6
Guarantor
Corporate Guarantee
Rentable SF
6,746
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.35

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Mavis Discount Tire located at 2 Main Street in Little Falls, NJ.

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

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Auto Parts

Mavis Discount Tire

Listing Price: $2,863,636

Cap Rate
5.50%
Tenant Name
Mavis Tire Express Services Corp
Years Remaining On Lease
19.6
Guarantor
Corporate Guarantee
Rentable SF
6,746
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.35

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 and Millichap is pleased to present the exclusive listing for the Mavis Discount Tire located at 2 Main Street in Little Falls, NJ.

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

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