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Auto Service - Gas-Conv

NTB - National Tire & Battery

5701 Suemandy Dr, St. Peters, MO 63376

Listing Price: $1,751,000

Cap Rate
6.00%
Tenant Name
Mavis
Years Remaining On Lease
14.1
Gross SF
8,818
Guarantor
Corporate Guarantee
Rentable SF
8,818
Price/Gross SF
$198.57
Lease Type
Absolute Net
Rent Per Square Feet
$11.91

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a National Tire And Battery (NTB) in St. Louis MSA.

Investment Highlights

  • NEW 15-YEAR LEASE EXTENSION ESTABLISHED 20 YEAR LOCATION
  • STRATEGIC LOCATION IN A HIGH-GROWTH, AFFLUENT TRADE AREA
  • POSITIONED IN DOMINANT RETAIL TRADE AREA
  • CORPORATE GUARANTEE FROM MAVIS (2,000+ UNITS)
  • LEADING NATIONWIDE AUTOMOTIVE SERVICE AND TIRE RETAILER

Exclusively Listed By

Broker of Record

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    License(s) MO: 2008013520

    Missouri

Auto Service - Gas-Conv

NTB - National Tire & Battery

Listing Price: $1,751,000

Cap Rate
6.00%
Tenant Name
Mavis
Years Remaining On Lease
14.1
Gross SF
8,818
Guarantor
Corporate Guarantee
Rentable SF
8,818
Price/Gross SF
$198.57
Lease Type
Absolute Net
Rent Per Square Feet
$11.91

Investment Highlights

  • NEW 15-YEAR LEASE EXTENSION ESTABLISHED 20 YEAR LOCATION
  • STRATEGIC LOCATION IN A HIGH-GROWTH, AFFLUENT TRADE AREA
  • POSITIONED IN DOMINANT RETAIL TRADE AREA
  • CORPORATE GUARANTEE FROM MAVIS (2,000+ UNITS)
  • LEADING NATIONWIDE AUTOMOTIVE SERVICE AND TIRE RETAILER

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a National Tire And Battery (NTB) in St. Louis MSA.

Exclusively Listed By

Broker of Record

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    License(s): MO: 2008013520

    Missouri

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