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.
Broker of Record
-
John Horowitz
First Vice President/ Division Manager
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
