Auto Service - Gas-Conv
Mavis Tires & Brakes | 109,000+ Cars Per Day | Corporate Guaranty (550+ Locations) | Absolute NNN
2121 Memorial Pkwy SW, Huntsville, AL 35801
Listing Price: $1,034,000
Cap Rate
6.50%
Tenant Name
T.E. LLC
Years Remaining On Lease
10.8
Guarantor
Corporate Guarantee
Rentable SF
5,750
Lease Type
Absolute Net
Rent Per Square Feet
$11.68
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 | 109,000+ Cars Per Day | Corporate Guaranty (550+ Locations) | Absolute NNN
Listing Price: $1,034,000
Cap Rate
6.50%
Tenant Name
T.E. LLC
Years Remaining On Lease
10.8
Guarantor
Corporate Guarantee
Rentable SF
5,750
Lease Type
Absolute Net
Rent Per Square Feet
$11.68
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