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Auto Parts

Mavis Discount Tire

301 E Millstream Rd, Cream Ridge, NJ 08514

Listing Price: $3,150,000

Cap Rate
5.00%
Tenant Name
Mavis Tire Express Services Corp
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
7,349
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.43

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Mavis Discount Tire located at 301 East Millstream Road in Cream Ridge, 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

    (718) 475-4300

    License(s) NJ: 2192359

    New Jersey

Auto Parts

Mavis Discount Tire

Listing Price: $3,150,000

Cap Rate
5.00%
Tenant Name
Mavis Tire Express Services Corp
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
7,349
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.43

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 301 East Millstream Road in Cream Ridge, NJ.

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (718) 475-4300

    License(s): NJ: 2192359

    New Jersey

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