Auto Parts
Mavis Tires & Brakes Sale-Leaseback
8521 NC-56, Louisburg (Raleigh MSA), NC 27549
Listing Price: $3,097,345
Investment Overview
As the largest multi-brand tire dealer in the United States, Mavis operates over 3,500 service centers throughout the United States under a variety of operating formats, including: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus. Mavis generates approximately $2.4 billion in revenue annually. The Mavis brands are rapidly expanding with goals to add 100+ stores per year.
Louisburg is the county seat of Franklin County, North Carolina, located in the northeastern portion of the Research Triangle region. The town combines a historic smalltown character with convenient access to the rapidly growing Raleigh metropolitan area.
Mavis Tires & Brakes Sale-Leaseback
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- 5% 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 3,500 Service Centers Throughout the U.S.
- Easily Accessible by ±35,500 CPD on the Corner of NC-56 and Louisburg Rd
- Households and Population Projected to Increase 4%+ Over the Next 5 Years in the Nearby Area
- Located in a Walmart-Anchored Retail Center
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- North Carolina
Financing By
Listing Price: $3,097,345
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- 5% 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 3,500 Service Centers Throughout the U.S.
- Easily Accessible by ±35,500 CPD on the Corner of NC-56 and Louisburg Rd
- Households and Population Projected to Increase 4%+ Over the Next 5 Years in the Nearby Area
- Located in a Walmart-Anchored Retail Center
Investment Overview
As the largest multi-brand tire dealer in the United States, Mavis operates over 3,500 service centers throughout the United States under a variety of operating formats, including: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus. Mavis generates approximately $2.4 billion in revenue annually. The Mavis brands are rapidly expanding with goals to add 100+ stores per year. Louisburg is the county seat of Franklin County, North Carolina, located in the northeastern portion of the Research Triangle region. The town combines a historic smalltown character with convenient access to the rapidly growing Raleigh metropolitan area.
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- North Carolina
Financing By
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