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Auto Parts

Town Fair Tire | A Mavis Brand

565 Alfred Rd, Biddeford, ME 04005

Listing Price: $3,079,000

Cap Rate
6.00%
Tenant Name
Town Fair Tire
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
7,144
Lease Type
Absolute Net
Rent Per Square Feet
$25.86

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Biddeford, ME. This stand-alone 7,144 SF Town Fair Tire has 5 service bays.

Investment Highlights

  • 16 years remaining on the base term with 10% bumps every 5 years.
  • Zero Landlord Responsibilities
  • Strategically located near 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

    Boston

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

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

    Washington, D.C.

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) ME: DB927980

    Maine

Auto Parts

Town Fair Tire | A Mavis Brand

Listing Price: $3,079,000

Cap Rate
6.00%
Tenant Name
Town Fair Tire
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
7,144
Lease Type
Absolute Net
Rent Per Square Feet
$25.86

Investment Highlights

  • 16 years remaining on the base term with 10% bumps every 5 years.
  • Zero Landlord Responsibilities
  • Strategically located near I-95

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Biddeford, ME. This stand-alone 7,144 SF Town Fair Tire has 5 service bays.

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

    Boston

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

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

    Washington, D.C.

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): ME: DB927980

    Maine

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