Auto Parts
Mavis Tires & Brakes Sale-Leaseback
238 James Avenue, Locust, NC 28097
Listing Price: $3,043,478
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.
Locust is a city in Stanly and Cabarrus counties in North Carolina, located within the Charlotte metropolitan area. Locust has become one of the fastest-growing cities in the state due to its proximity to Charlotte.
Mavis Tires & Brakes Sale-Leaseback
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
- Situated within the Charlotte MSA - 60,278 Residents within a 10-Mile Radius
Listing Price: $3,043,478
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
- Situated within the Charlotte MSA - 60,278 Residents within a 10-Mile Radius
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. Locust is a city in Stanly and Cabarrus counties in North Carolina, located within the Charlotte metropolitan area. Locust has become one of the fastest-growing cities in the state due to its proximity to Charlotte.
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