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Auto Parts

Town Fair Tire - (A Mavis Brand)

1018 W Main St, Branford, CT 06405

Listing Price: $4,379,000

Cap Rate
6.00%
Tenant Name
Town Fair Tire
Years Remaining On Lease
15.7
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$437.90
Lease Type
Absolute Net
Rent Per Square Feet
$26.27

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Branford, CT. This stand-alone 8,190 square-feet Town Fair Tire has 6 service bays and is ranked as the #50 performer in the 119 store chain.

Investment Highlights

  • STRONG PERFORMING STORE IN THE CHAIN - Ranked #50 out of 119 locations by Placer.ai based on Visits ranking.
  • LONG TERM ABSOLUTE NNN LEASE W/ BUMPS - 16 years remaining on the base term with 10% bumps every 5 years.
  • STRATEGICALLY LOCATED OFF I-95 - Town Fair Tire on West Main Street in Branford, CT is easily reachable from Exit 53 of I-95.

Exclusively Listed By

  • James M. Koury

    Senior Managing Director Investments

    (617) 896-7231

    Email James

    License(s): MA: 9010104, RI: REB.0014481, NH: 005566, ME: DB904355, CT: REB.0755412, NY: 10301206120

    Boston

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • Henry McKenney

    Associate

    (617) 896-7238

    Email Henry

    License(s): MA: 1002173

    Boston

Auto Parts

Town Fair Tire - (A Mavis Brand)

Listing Price: $4,379,000

Cap Rate
6.00%
Tenant Name
Town Fair Tire
Years Remaining On Lease
15.7
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$437.90
Lease Type
Absolute Net
Rent Per Square Feet
$26.27

Investment Highlights

  • STRONG PERFORMING STORE IN THE CHAIN - Ranked #50 out of 119 locations by Placer.ai based on Visits ranking.
  • LONG TERM ABSOLUTE NNN LEASE W/ BUMPS - 16 years remaining on the base term with 10% bumps every 5 years.
  • STRATEGICALLY LOCATED OFF I-95 - Town Fair Tire on West Main Street in Branford, CT is easily reachable from Exit 53 of I-95.

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Branford, CT. This stand-alone 8,190 square-feet Town Fair Tire has 6 service bays and is ranked as the #50 performer in the 119 store chain.

Exclusively Listed By

  • James M. Koury

    Senior Managing Director Investments

    (617) 896-7231

    Email James

    License(s): MA: 9010104, RI: REB.0014481, NH: 005566, ME: DB904355, CT: REB.0755412, NY: 10301206120

    Boston

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • Henry McKenney

    Associate

    (617) 896-7238

    Email Henry

    License(s): MA: 1002173

    Boston

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