Auto Service - Gas-Conv
Mavis Tires & Brakes | 10+ Years Remaining | Corporate Guaranty (550+ Locations) | Absolute NNN
2407 Jordan Ln NW, Huntsville, AL 35816
Listing Price: $1,028,000
Cap Rate
6.50%
Tenant Name
T.E. LLC
Years Remaining On Lease
10.8
Guarantor
Corporate Guarantee
Rentable SF
9,000
Lease Type
Absolute Net
Rent Per Square Feet
$7.42
Investment Overview
Marcus & Millichap is pleased to present a Mavis Tires & Brakes located in Huntsville, AL.
Mavis Tires & Brakes | 10+ Years Remaining | Corporate Guaranty (550+ Locations) | Absolute NNN
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 | 10+ Years Remaining | Corporate Guaranty (550+ Locations) | Absolute NNN
Listing Price: $1,028,000
Cap Rate
6.50%
Tenant Name
T.E. LLC
Years Remaining On Lease
10.8
Guarantor
Corporate Guarantee
Rentable SF
9,000
Lease Type
Absolute Net
Rent Per Square Feet
$7.42
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
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