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Auto Parts

Town Fair Tire - (A Mavis Brand)

255 New State Hwy, Raynham, MA 02767

Listing Price: $3,721,000

Cap Rate
6.00%
Tenant Name
Town Fair Tire
Years Remaining On Lease
15.7
Guarantor
Corporate Guarantee
Rentable SF
7,005
Lease Type
Absolute Net
Rent Per Square Feet
$31.87

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Raynham, MA. This stand-alone 7,005 SF Town Fair Tire has 6 service bays and is ranked as the #55 performer in the 119-store chain.

Investment Highlights

  • STRONG PERFORMING STORE IN THE CHAIN - Ranked #55 out of 119 locations by Placer.ai based on Visits PSF ranking
  • BEST OF THE BEST LOCATIONS - STRICTLY RETAIL - The Town Fair Tire sites being offered were all in the founder's personal portfolio and are positioned in the chain's best retail locations.
  • LONG TERM ABSOLUTE NNN LEASE W/ BUMPS - 16 years remaining on the base term with 10% bumps every 5 years.

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: $3,721,000

Cap Rate
6.00%
Tenant Name
Town Fair Tire
Years Remaining On Lease
15.7
Guarantor
Corporate Guarantee
Rentable SF
7,005
Lease Type
Absolute Net
Rent Per Square Feet
$31.87

Investment Highlights

  • STRONG PERFORMING STORE IN THE CHAIN - Ranked #55 out of 119 locations by Placer.ai based on Visits PSF ranking
  • BEST OF THE BEST LOCATIONS - STRICTLY RETAIL - The Town Fair Tire sites being offered were all in the founder's personal portfolio and are positioned in the chain's best retail locations.
  • 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 Raynham, MA. This stand-alone 7,005 SF Town Fair Tire has 6 service bays and is ranked as the #55 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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