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Auto Parts

Maaco

7001 Bristol Pike, Levittown, PA 19057

Listing Price: $2,208,162

Cap Rate
5.75%
Tenant Name
Stonewall Road Automotive Group, LLC
Years Remaining On Lease
19.6
Guarantor
Franchisee Guarantee
Rentable SF
9,771
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.99

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Maaco located at 7001 Bristol Pike in Levittown, PA. The site consists of roughly 9,771 rentable square feet of building space on estimated 0.52-acre parcel of land. This Maaco is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 16, 2021. The current annual rent is $126,969 and is scheduled to increase by two percent (2%) annually beginning in year seven. The increases will continue through the base term as well as throughout the one, five-year tenant renewal option period.

Investment Highlights

  • Long-term Triple-Net Lease with Zero Landlord Responsibility | 20 Years Remaining on the Recently Executed Lease
  • 2.0% Annual Rental Increases Beginning in Year Seven
  • Growing Franchisee | Tenant is Stonewall Road Automotive Group, LLC | Thirteen-Unit Maaco Franchisee

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Listing Price: $2,208,162

Cap Rate
5.75%
Tenant Name
Stonewall Road Automotive Group, LLC
Years Remaining On Lease
19.6
Guarantor
Franchisee Guarantee
Rentable SF
9,771
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.99

Investment Highlights

  • Long-term Triple-Net Lease with Zero Landlord Responsibility | 20 Years Remaining on the Recently Executed Lease
  • 2.0% Annual Rental Increases Beginning in Year Seven
  • Growing Franchisee | Tenant is Stonewall Road Automotive Group, LLC | Thirteen-Unit Maaco Franchisee

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Maaco located at 7001 Bristol Pike in Levittown, PA. The site consists of roughly 9,771 rentable square feet of building space on estimated 0.52-acre parcel of land. This Maaco is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 16, 2021. The current annual rent is $126,969 and is scheduled to increase by two percent (2%) annually beginning in year seven. The increases will continue through the base term as well as throughout the one, five-year tenant renewal option period.

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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