Auto Parts
Town Fair Tire - (A Mavis Brand)
338 King St, Northampton, MA 01060
Listing Price: $6,375,000
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Northampton, MA. The 2-building, 8,348 SF Town Fair Tire has a total of 8 service bays and is ranked as the #53 performer in the 119 store chain. While Town Fair Tire leases the adjacent parcel from another landlord which provides 7 of its 8 bays, 1 bay is included with this sale
Town Fair Tire - (A Mavis Brand)
Investment Highlights
- STRONG PERFORMING STORE IN THE CHAIN Ranked #53 out of 119 locations by Placer.ai based on Visits ranking
- ZERO LANDLORD RESPONSIBILITIES Tenant has sole responsibility for all operating, capital expenses, roof & structure which removes any Landlord liability and makes this property truly an absolute net
- LONG TERM ABSOLUTE NNN LEASE W/ BUMPS 16 years remaining on the base term with 10% bumps every 5 years
Listing Price: $6,375,000
Investment Highlights
- STRONG PERFORMING STORE IN THE CHAIN Ranked #53 out of 119 locations by Placer.ai based on Visits ranking
- ZERO LANDLORD RESPONSIBILITIES Tenant has sole responsibility for all operating, capital expenses, roof & structure which removes any Landlord liability and makes this property truly an absolute net
- LONG TERM ABSOLUTE NNN LEASE W/ BUMPS 16 years remaining on the base term with 10% bumps every 5 years
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Northampton, MA. The 2-building, 8,348 SF Town Fair Tire has a total of 8 service bays and is ranked as the #53 performer in the 119 store chain. While Town Fair Tire leases the adjacent parcel from another landlord which provides 7 of its 8 bays, 1 bay is included with this sale
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