Auto Service - Gas-Conv
Mavis Tires & Brakes | 41,000+ Cars Per Day | Corporate Guaranty (550+ Locations) | Absolute NNN
4830 University Dr NW, Huntsville, AL 35816
Listing Price: $2,234,000
Cap Rate
6.50%
Tenant Name
T.E. LLC
Years Remaining On Lease
0.8
Guarantor
Corporate Guarantee
Rentable SF
10,792
Lease Type
Absolute Net
Rent Per Square Feet
$13.45
Investment Overview
Marcus & Millichap is pleased to present a Mavis Tires & Brakes located in Huntsville, AL.
Investment Highlights
- Strong Corporate Guaranty – Express Oil Change, LLC (550+ Locations)
- Absolute NNN Lease | 10+ Years Remaining | 10.00% Rent Increases Every 5 Years
- Ideal 1031 Exchange Price Points & Well-Below Market Rents
- Huntsville, AL – #1 Most Populated City in Alabama
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By
Auto Service - Gas-Conv
Mavis Tires & Brakes | 41,000+ Cars Per Day | Corporate Guaranty (550+ Locations) | Absolute NNN
Listing Price: $2,234,000
Cap Rate
6.50%
Tenant Name
T.E. LLC
Years Remaining On Lease
0.8
Guarantor
Corporate Guarantee
Rentable SF
10,792
Lease Type
Absolute Net
Rent Per Square Feet
$13.45
Investment Highlights
- Strong Corporate Guaranty – Express Oil Change, LLC (550+ Locations)
- Absolute NNN Lease | 10+ Years Remaining | 10.00% Rent Increases Every 5 Years
- Ideal 1031 Exchange Price Points & Well-Below Market Rents
- Huntsville, AL – #1 Most Populated City in Alabama
Investment Overview
Marcus & Millichap is pleased to present a Mavis Tires & Brakes located in Huntsville, AL.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By