Auto Service - Gas-Conv
Big Brand Tire & Service
1860 E William St, Carson City, NV 89701
Listing Price: $4,295,000
Investment Overview
Marcus & Millichap is pleased to represent Big Brand Tire & Service in Carson City Nevada. The lease is backed by Big Brand Tire & Service (Majco LLC) under a recent acquisition by parent company Percheron Capital. The absolute net lease contains 19+ years remaining with 2% annual increases throughout the primary term. Percheron Capital is the Private Equity Group behind Big Brand Tire & Service. Since their acquisition of Big Brand in March 2021, they have acquired American Tire Depot, Tire World, Purcell Tire & Service Retail Centers, Integrity Tire, C&R Tire, S&S Tire & Auto Service, 55 Inc., Brian’s Tire and Auto, Community Tire Pros, and recently closed on Christensen Automotive. With the acquisition of AA Automotive and Christensen Automotive, Big Brand now controls over 200 stores and is the 8th largest tire and service retailer in the United States.
Big Brand Tire & Service
Investment Highlights
- 19+ YEAR ABSOLUTE NNN LEASE1 The subject property operates under a newly-formed 20-year Absolute NNN Lease with no landlord management or maintenance responsibilities whatsoever.
- RARE 2% ANNUAL RENT INCREASES2 The lease offers rare annual rent increases of 2% rent increases every year during the entire term.
- WELL ESTABLISHED AND EXPANDING BRAND Big Brand Tire & Service acquired by Percheron Capital in March of 2021 with the lease signed under MAJCO, LLC. DBA Big Brand Tire & Service, American Tire Depot
Exclusively Listed By
Listing Price: $4,295,000
Investment Highlights
- 19+ YEAR ABSOLUTE NNN LEASE1 The subject property operates under a newly-formed 20-year Absolute NNN Lease with no landlord management or maintenance responsibilities whatsoever.
- RARE 2% ANNUAL RENT INCREASES2 The lease offers rare annual rent increases of 2% rent increases every year during the entire term.
- WELL ESTABLISHED AND EXPANDING BRAND Big Brand Tire & Service acquired by Percheron Capital in March of 2021 with the lease signed under MAJCO, LLC. DBA Big Brand Tire & Service, American Tire Depot
Investment Overview
Marcus & Millichap is pleased to represent Big Brand Tire & Service in Carson City Nevada. The lease is backed by Big Brand Tire & Service (Majco LLC) under a recent acquisition by parent company Percheron Capital. The absolute net lease contains 19+ years remaining with 2% annual increases throughout the primary term. Percheron Capital is the Private Equity Group behind Big Brand Tire & Service. Since their acquisition of Big Brand in March 2021, they have acquired American Tire Depot, Tire World, Purcell Tire & Service Retail Centers, Integrity Tire, C&R Tire, S&S Tire & Auto Service, 55 Inc., Brian’s Tire and Auto, Community Tire Pros, and recently closed on Christensen Automotive. With the acquisition of AA Automotive and Christensen Automotive, Big Brand now controls over 200 stores and is the 8th largest tire and service retailer in the United States.
Exclusively Listed By
