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Auto Parts

Mavis Tire & Brakes

3765 US Highway 17 Bypass South, Murrells Inlet, SC 29576

Listing Price: $1,200,000

Cap Rate
5.00%
Tenant Name
Mavis Tire & Brakes
Years Remaining On Lease
12.4
Guarantor
Corporate Guarantee
Rentable SF
8,080
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$7.43

Investment Overview

Absolute NNN Investment Opportunity Strong Corporate Guarantee from Mavis Southeast LLC Strategically Located on a Main Retail Corridor – Traffic Counts Exceed 32,000 Cars Per Day 15 Year NNN Lease with ±12.5 Years Remaining Prime Retail Location Located on US Highway 17 with Traffic Counts Exceeding 32,000 Vehicles Per Day - US Highway 17 Directly Connects Murrells Inlet to Myrtle Beach The Subject Property is Located 12 Miles from Myrtle Beach International Airport Located Just 2 Miles from the Inlet Square Mall, a 434,000 SF Regional Shopping Center Strong Population Density of Approximately 47,000 People within a 5-Mile Radius; Population is Expected to Grow 10% by 2025 Close Proximity to Major Retailers such as Food Lion, Home Depot, Sherwin-William, O’Reilly Auto Parts, AutoZone, Wendy’s, Carrabba’s Italian Grill, Cracker Barrel, National Tire & Battery, Outback Steakhouse, TGI Fridays, and more Strong Corporate Guarantee Mavis is the Second Largest Automotive Service in the United States with 1,050+ Service Centers in 29 States Absolute NNN Lease with Zero Landlord Responsibilities - Ideal for Investors Not Local to the Market Strong Insulation from E-Commerce/Internet Competition and Auto Stores are Considered Essential Business

Investment Highlights

  • Strong Corporate Guarantee from Mavis Southeast LLC
  • Strategically Located on a Main Retail Corridor – Traffic Counts Exceed 32,000 Cars Per Day
  • 15 Year NNN Lease with ±12.5 Years Remaining

Exclusively Listed By

Listing Price: $1,200,000

Cap Rate
5.00%
Tenant Name
Mavis Tire & Brakes
Years Remaining On Lease
12.4
Guarantor
Corporate Guarantee
Rentable SF
8,080
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$7.43

Investment Highlights

  • Strong Corporate Guarantee from Mavis Southeast LLC
  • Strategically Located on a Main Retail Corridor – Traffic Counts Exceed 32,000 Cars Per Day
  • 15 Year NNN Lease with ±12.5 Years Remaining

Investment Overview

Absolute NNN Investment Opportunity Strong Corporate Guarantee from Mavis Southeast LLC Strategically Located on a Main Retail Corridor – Traffic Counts Exceed 32,000 Cars Per Day 15 Year NNN Lease with ±12.5 Years Remaining Prime Retail Location Located on US Highway 17 with Traffic Counts Exceeding 32,000 Vehicles Per Day - US Highway 17 Directly Connects Murrells Inlet to Myrtle Beach The Subject Property is Located 12 Miles from Myrtle Beach International Airport Located Just 2 Miles from the Inlet Square Mall, a 434,000 SF Regional Shopping Center Strong Population Density of Approximately 47,000 People within a 5-Mile Radius; Population is Expected to Grow 10% by 2025 Close Proximity to Major Retailers such as Food Lion, Home Depot, Sherwin-William, O’Reilly Auto Parts, AutoZone, Wendy’s, Carrabba’s Italian Grill, Cracker Barrel, National Tire & Battery, Outback Steakhouse, TGI Fridays, and more Strong Corporate Guarantee Mavis is the Second Largest Automotive Service in the United States with 1,050+ Service Centers in 29 States Absolute NNN Lease with Zero Landlord Responsibilities - Ideal for Investors Not Local to the Market Strong Insulation from E-Commerce/Internet Competition and Auto Stores are Considered Essential Business

Exclusively Listed By

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