Auto Parts

Mavis Discount Tire

525 Kimberton Rd, Phoenixville, PA 19460

Listing Price: $2,231,331

Cap Rate
5.50%
Tenant Name
Mavis Discount Tire
Years Remaining On Lease
20.0
Gross SF
12,040
Guarantor
Corporate Guarantee
Rentable SF
12,040
Price/Gross SF
$185.33
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.19

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Mavis located at 525 Kimberton Road in Phoenixville, Pennsylvania. The site consists of roughly 12,040 rentable square feet of building space on estimated 2.00 acre parcel of land.
This Mavis is subject to a 20-year Absolute Triple-Net (NNN) lease, which commence will commence upon the close of escrow. The annual rent is $217,800 and is scheduled to increase by five (5%) percent every five (5) years. There are six (6), five (5)-year tenant renewal options.

Investment Highlights

  • Long Term 20-Year Sale-Leaseback
  • Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases of Five Percent (5%) Every Five (5) Years

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

Listing Price: $2,231,331

Cap Rate
5.50%
Tenant Name
Mavis Discount Tire
Years Remaining On Lease
20.0
Gross SF
12,040
Guarantor
Corporate Guarantee
Rentable SF
12,040
Price/Gross SF
$185.33
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.19

Investment Highlights

  • Long Term 20-Year Sale-Leaseback
  • Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases of Five Percent (5%) Every Five (5) Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Mavis located at 525 Kimberton Road in Phoenixville, Pennsylvania. The site consists of roughly 12,040 rentable square feet of building space on estimated 2.00 acre parcel of land.
This Mavis is subject to a 20-year Absolute Triple-Net (NNN) lease, which commence will commence upon the close of escrow. The annual rent is $217,800 and is scheduled to increase by five (5%) percent every five (5) years. There are six (6), five (5)-year tenant renewal options.

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

MM Texture Background
MM Textured Background Lower