Skip to main content

Auto Parts

Mavis Tire – Absolute NNN 20 YR Sale-Leaseback (2,000+ Locations) – Near Clemson University

1277 18 Mile Rd, Central, SC 29630

Listing Price: $2,666,667

Cap Rate
6.00%
Tenant Name
Mavis Tires & Brakes
Years Remaining On Lease
20.1
Gross SF
6,765
Guarantor
Corporate Guarantee
Rentable SF
6,765
Price/Gross SF
$394.19
Lease Type
Absolute Net
Rent Per Square Feet
$23.65

Investment Overview

Marcus & Millichap is pleased to present for sale Mavis Tires in Central, South CarolinaAs 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. Mavis generates approximately $2.4 billion in revenue annually. The Mavis brands are rapidly expanding with goals to add over 100 stores per year.

The Town of Central is located in Pickens County, South Carolina, in the northwest corner of the state, positioned strategically midway between Atlanta, Georgia and Charlotte, North Carolina.

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
  • 44,764 Residents within a Five-Mile Radius - Projected to Increase Over 4 Percent by 2029

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Auto Parts

Mavis Tire – Absolute NNN 20 YR Sale-Leaseback (2,000+ Locations) – Near Clemson University

Listing Price: $2,666,667

Cap Rate
6.00%
Tenant Name
Mavis Tires & Brakes
Years Remaining On Lease
20.1
Gross SF
6,765
Guarantor
Corporate Guarantee
Rentable SF
6,765
Price/Gross SF
$394.19
Lease Type
Absolute Net
Rent Per Square Feet
$23.65

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
  • 44,764 Residents within a Five-Mile Radius - Projected to Increase Over 4 Percent by 2029

Investment Overview

Marcus & Millichap is pleased to present for sale Mavis Tires in Central, South CarolinaAs 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. Mavis generates approximately $2.4 billion in revenue annually. The Mavis brands are rapidly expanding with goals to add over 100 stores per year. The Town of Central is located in Pickens County, South Carolina, in the northwest corner of the state, positioned strategically midway between Atlanta, Georgia and Charlotte, North Carolina.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

MM Texture Background
MM Textured Background Lower