Retail

Mavis Tires & Brakes

Shelby, NC

Asking Price

$880,000

Cap Rate

6.75%

Expenses

Abs NNN

Rent Increases

10% Every 5 Years

Signalized Hard Corner

High Traffic Count

Square Feet

11,100 SF

Parcel Size

0.76 Acres

INVESTMENT HIGHLIGHTS

Nation's Largest Tire Store Company | Over 2,000 locations & growing
Rapidly Growing Tenant | Recently Acquired 595 TBC Corp. Retail locations in 15 States
73% Below Market Rent | Priced Below Replacement Value
Signalized Hard Corner | 9.7M Combined Annualized Traffic Count

Absolute NNN Lease | No Landlord Responsibilities, 10% Rent Increases
50 Years Operating History as an Auto Service Location
Financial Reporting | Tenant is required to furnish annual and quarterly financial statements to Landlord
Top Performing Indicators | 18,500+ Annual Visits

Exclusively Listed By

Brandon Sherrill

Senior Associate
bsherrill@northmarq.com

Ryan Butler

Senior Vice President & Managing Director
rbutler@northmarq.com

Anne Perrault

Vice President
aperrault@northmarq.com

Brad Moulder

Senior Vice President
bmoulder@northmarq.com

David Annett

Senior Associate
dannett@northmarq.com

Jacob Ryan

Senior Associate
jryan@northmarq.com

Joe Habighorst

Investment Analyst
jhabighorst@northmarq.com

Cole Surrett

Investment Analyst
csurrett@northmarq.com

In Association With

Jason Long

NC Lic. #338124

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

northmarq.com