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Auto Parts

Mavis Tires & Brakes

5237 Wrightsboro Rd, Grovetown, GA 30813

Listing Price: $2,916,667

Cap Rate
6.00%
Tenant Name
Mavis Tires & Brakes
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
6,730
Lease Type
Absolute Net
Rent Per Square Feet
$26.00

Investment Overview

As the largest multi-brand tire dealer in the United States, Mavis operates over 2,000 service centers in 38 states under three operating formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus.

Grovetown is a city in Columbia County, Georgia, part of the Augusta metropolitan area. The Grovetown/Columbia County area is one of the fastest growing regions in the state. Home to over 18,000 residents, the city benefits from its proximity to Fort Eisenhower and Augusta, the second-largest city in Georgia.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Mavis Offers a Menu of Additional Services Including Brakes, Alignments, Oil Changes, Suspension, Shocks, Struts, Battery Replacement, and Exhaust Work
  • Mavis is One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
  • 78,097 Residents within a Five-Mile Radius - Growing Trade Area in the Augusta MSA

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Auto Parts

Mavis Tires & Brakes

Listing Price: $2,916,667

Cap Rate
6.00%
Tenant Name
Mavis Tires & Brakes
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
6,730
Lease Type
Absolute Net
Rent Per Square Feet
$26.00

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Mavis Offers a Menu of Additional Services Including Brakes, Alignments, Oil Changes, Suspension, Shocks, Struts, Battery Replacement, and Exhaust Work
  • Mavis is One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
  • 78,097 Residents within a Five-Mile Radius - Growing Trade Area in the Augusta MSA

Investment Overview

As the largest multi-brand tire dealer in the United States, Mavis operates over 2,000 service centers in 38 states under three operating formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus. Grovetown is a city in Columbia County, Georgia, part of the Augusta metropolitan area. The Grovetown/Columbia County area is one of the fastest growing regions in the state. Home to over 18,000 residents, the city benefits from its proximity to Fort Eisenhower and Augusta, the second-largest city in Georgia.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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