Auto Parts
Mavis Tires & Brakes Sale-Leaseback
301 Lexington Ave, Chapin, SC 29036
Listing Price: $3,274,336
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.
Chapin, known as the "Capital of Lake Murray," is a small lake town located at the northern tip of Lexington County, South Carolina. Chapin is a suburb of Columbia, situated approximately 24 miles northwest of the city center.
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 in the Columbia MSA - Approximately 22,623 Residents within a Five-Mile Radius
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Managing Director, Market Leader - Carolinas
Financing By
Listing Price: $3,274,336
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 in the Columbia MSA - Approximately 22,623 Residents within a Five-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. Chapin, known as the "Capital of Lake Murray," is a small lake town located at the northern tip of Lexington County, South Carolina. Chapin is a suburb of Columbia, situated approximately 24 miles northwest of the city center.
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Managing Director, Market Leader - Carolinas
Financing By