Auto Parts
Town Fair Tire - (A Mavis Brand)
3 Handle Rd, Somersworth, NH 03878
Listing Price: $3,654,000
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Somersworth, NH. The stand-alone 7,144 SF Town Fair Tire has 5 service bays and is ranked as the #5 performer in the 119 store chain.
Town Fair Tire - (A Mavis Brand)
Investment Highlights
- TOP PERFORMING STORE IN THE CHAIN Ranked #5 out of 119 locations by Placer.ai based on Visits PSF ranking and #1 out of 15 in NH.
- 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: $3,654,000
Investment Highlights
- TOP PERFORMING STORE IN THE CHAIN Ranked #5 out of 119 locations by Placer.ai based on Visits PSF ranking and #1 out of 15 in NH.
- 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 Somersworth, NH. The stand-alone 7,144 SF Town Fair Tire has 5 service bays and is ranked as the #5 performer in the 119 store chain.
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