Auto Parts
Mavis Discount Tire & Brakes
929 Iris Dr SE, Conyers, GA 30094
Listing Price: $3,015,763
Investment Overview
Marcus & Millichap is pleased to present the exclusive net-lease offering for a Mavis Discount Tire & Brakes located at 929 Iris Drive SE in Conyers, Georgia. The site consists of roughly 13,748 rentable square feet of building space on estimated 1.43-acre parcel of land. This Mavis Discount Tire & Brakes is subject to a 20-year absolute triple-net (NNN) lease, which commenced September 19, 2005. The current annual rent is $203,564 and is scheduled to increase by eight percent (8%) in each of the four (4), five (5)-year renewal options.
Exclusively Listed By
Broker of Record
Listing Price: $3,015,763
Investment Highlights
- Long-Term, Original 20-Year Absolute Triple Net (NNN) Lease
- Corporate Guaranty by TBC Corporation
- Approximately 3.5 Years Remaining
Investment Overview
Marcus & Millichap is pleased to present the exclusive net-lease offering for a Mavis Discount Tire & Brakes located at 929 Iris Drive SE in Conyers, Georgia. The site consists of roughly 13,748 rentable square feet of building space on estimated 1.43-acre parcel of land. This Mavis Discount Tire & Brakes is subject to a 20-year absolute triple-net (NNN) lease, which commenced September 19, 2005. The current annual rent is $203,564 and is scheduled to increase by eight percent (8%) in each of the four (4), five (5)-year renewal options.
Exclusively Listed By
Broker of Record
