Auto Parts
Town Fair Tire
33 Federal Rd unit 1, Brookfield, CT 06804
Listing Price: $4,310,000
Investment Overview
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. Town Fair Tire strictly sells tires and
wheels and are located next to national retailers unlike other tire chains that also offer
oil changes and tune-ups and have greater exposure to environmental issues.
OVER 50 RECENT SALE COMPS BETWEEN 5.34% TO 6.10%
See pages 17-19 to review over 50 sale comps of tire retailers that have all sold at average cap
rates between 5.34% and 6.10% including three Town Fair Tires that just sold in December.
DURABLE INDUSTRY POSITIONED FOR STRONG GROWTH
Since electrical cars weigh more than their gas-powered counterparts, they also wear
out tires more quickly which will only increase the demand for tires as the country
transitions to electric cars.
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-lease investment.
LONG TERM ABSOLUTE NNN LEASE W/ BUMPS
16 years remaining on the base term with 10% bumps every 5 years.
STRATEGICALLY LOCATED OFF I-84
Located on Federal Road in Brookfield, CT, this Town Fair Tire is conveniently located near
Exit 7 of I-84 and Exit 11 of U.S. Route 7. It’s situated close to the bustling Federal Road
Plaza & Candlewood Lake Plaza, anchored by Raymour & Flanigan, Big Y & BJ’s, attracting
numerous visitors. Federal Road has a daily traffic volume of about 23,000 vehicles,
ensuring excellent visibility.
OVER 2,000 LOCATIONS/PARENT GUARANTY SECURES THE LEASE
Town Fair Tire merged with Mavis Inc. in 2019 creating a company with over 2,000
locations. Both Mavis and Town Fair Tire entities are listed as the Tenant, and both are
backstopped with a Mavis Tire Express Services TopCo Corp. parent guaranty.
Investment Highlights
- BEST OF THE BEST LOCATIONS - STRICTLY RETAIL
- OVER 50 RECENT SALE COMPS BETWEEN 5.34% TO 6.10%
- DURABLE INDUSTRY POSITIONED FOR STRONG GROWTH
Listing Price: $4,310,000
Investment Highlights
- BEST OF THE BEST LOCATIONS - STRICTLY RETAIL
- OVER 50 RECENT SALE COMPS BETWEEN 5.34% TO 6.10%
- DURABLE INDUSTRY POSITIONED FOR STRONG GROWTH
Investment Overview
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. Town Fair Tire strictly sells tires and wheels and are located next to national retailers unlike other tire chains that also offer oil changes and tune-ups and have greater exposure to environmental issues. OVER 50 RECENT SALE COMPS BETWEEN 5.34% TO 6.10% See pages 17-19 to review over 50 sale comps of tire retailers that have all sold at average cap rates between 5.34% and 6.10% including three Town Fair Tires that just sold in December. DURABLE INDUSTRY POSITIONED FOR STRONG GROWTH Since electrical cars weigh more than their gas-powered counterparts, they also wear out tires more quickly which will only increase the demand for tires as the country transitions to electric cars. 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-lease investment. LONG TERM ABSOLUTE NNN LEASE W/ BUMPS 16 years remaining on the base term with 10% bumps every 5 years. STRATEGICALLY LOCATED OFF I-84 Located on Federal Road in Brookfield, CT, this Town Fair Tire is conveniently located near Exit 7 of I-84 and Exit 11 of U.S. Route 7. It’s situated close to the bustling Federal Road Plaza & Candlewood Lake Plaza, anchored by Raymour & Flanigan, Big Y & BJ’s, attracting numerous visitors. Federal Road has a daily traffic volume of about 23,000 vehicles, ensuring excellent visibility. OVER 2,000 LOCATIONS/PARENT GUARANTY SECURES THE LEASE Town Fair Tire merged with Mavis Inc. in 2019 creating a company with over 2,000 locations. Both Mavis and Town Fair Tire entities are listed as the Tenant, and both are backstopped with a Mavis Tire Express Services TopCo Corp. parent guaranty.

