Auto Service - Gas-Conv
Mavis Discount Tire
1360 Ring Road, Calumet City, IL 60409
Listing Price: $1,730,000
Investment Overview
Marcus & Millichap is pleased to present for sale Mavis Discount Tire a single-tenant property located at 1360 Ring Road, Calumet City, Illinois 60409. The subject property is comprised of 8,907 square feet and was built in 1985. The building sits on a large 1.51 Acre lot located just off Ring Road. Mavis Discount Tire is currently being converted from NTB (National Tire & Battery) with new signage and paint. Mavis Discount Tire will operate on a Corporate Absolute-Net lease with 5 years remaining. The initial term will have annual CPI increases capped at 2% including the One, 5-year option. Mavis Discount Tire is one of the second largest independent multi-brand tire dealers in the United States and offers a menu of additional services including brakes, alignments, suspension, shocks, struts, oil changes, battery replacement, and exhaust work. Mavis Discount Tire still operates that original 7,000 square foot store in Mt. Vernon. What’s more, the tradition of Value-Oriented Service originating with Vic’s Cycle Shop will always be the backbone of the company.
Investment Highlights
- Triple-Net Lease: 6 Years Remaining / Annual CPI Increases not to Exceed Two Percent (2.00%). Mavis has One, 5 Year Option to Extend at the End of the Term.
- Excellent Access: Frontage on Ring Road which connects River Oaks Drive (26,000+ VPD) & Torrence Ave (27,600+ VPD) Surrounding River Oaks West Shopping Center
- Long-Term Tenancy: Operated by National Tire & Battery for 35 Years. Now Known as Mavis Discount Tire after being Acquired in 2020 by Mavis Tire Express Services Intermediate Corp.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
First Vice President / Regional Manager / Designated Managing BrokerLicense(s): IL: 471.011175
Illinois
Auto Service - Gas-Conv
Mavis Discount Tire
Listing Price: $1,730,000
Investment Highlights
- Triple-Net Lease: 6 Years Remaining / Annual CPI Increases not to Exceed Two Percent (2.00%). Mavis has One, 5 Year Option to Extend at the End of the Term.
- Excellent Access: Frontage on Ring Road which connects River Oaks Drive (26,000+ VPD) & Torrence Ave (27,600+ VPD) Surrounding River Oaks West Shopping Center
- Long-Term Tenancy: Operated by National Tire & Battery for 35 Years. Now Known as Mavis Discount Tire after being Acquired in 2020 by Mavis Tire Express Services Intermediate Corp.
Investment Overview
Marcus & Millichap is pleased to present for sale Mavis Discount Tire a single-tenant property located at 1360 Ring Road, Calumet City, Illinois 60409. The subject property is comprised of 8,907 square feet and was built in 1985. The building sits on a large 1.51 Acre lot located just off Ring Road. Mavis Discount Tire is currently being converted from NTB (National Tire & Battery) with new signage and paint. Mavis Discount Tire will operate on a Corporate Absolute-Net lease with 5 years remaining. The initial term will have annual CPI increases capped at 2% including the One, 5-year option. Mavis Discount Tire is one of the second largest independent multi-brand tire dealers in the United States and offers a menu of additional services including brakes, alignments, suspension, shocks, struts, oil changes, battery replacement, and exhaust work. Mavis Discount Tire still operates that original 7,000 square foot store in Mt. Vernon. What’s more, the tradition of Value-Oriented Service originating with Vic’s Cycle Shop will always be the backbone of the company.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
First Vice President / Regional Manager / Designated Managing BrokerLicense(s): IL: 471.011175
Illinois

