Auto Service - Gas-Conv
Mavis Tires & Brakes | 41,000+ Cars Per Day | Corporate Guaranty (550+ Locations) | Absolute NNN
4830 University Dr NW, Huntsville, AL 35816
Listing Price: $2,152,000
Cap Rate
6.75%
Tenant Name
T.E. LLC
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
10,792
Lease Type
Absolute Net
Rent Per Square Feet
$13.45
Investment Overview
Marcus & Millichap is pleased to present a Mavis Tires & Brakes located in Huntsville, Alabama.
Mavis Tires & Brakes | 41,000+ Cars Per Day | Corporate Guaranty (550+ Locations) | Absolute NNN
Investment Highlights
- Strong Corporate Guaranty – Express Oil Change, LLC (Over 550 Locations)
- Absolute Triple-Net Lease | Over 10 Years Remaining | 10 Percent Rent Increases Every Five Years
- Ideal 1031 Exchange Price Points and Well-Below Market Rents
- Huntsville, Alabama – #1 Most Populated City in Alabama
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By
Auto Service - Gas-Conv
Mavis Tires & Brakes | 41,000+ Cars Per Day | Corporate Guaranty (550+ Locations) | Absolute NNN
Listing Price: $2,152,000
Cap Rate
6.75%
Tenant Name
T.E. LLC
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
10,792
Lease Type
Absolute Net
Rent Per Square Feet
$13.45
Investment Highlights
- Strong Corporate Guaranty – Express Oil Change, LLC (Over 550 Locations)
- Absolute Triple-Net Lease | Over 10 Years Remaining | 10 Percent Rent Increases Every Five Years
- Ideal 1031 Exchange Price Points and Well-Below Market Rents
- Huntsville, Alabama – #1 Most Populated City in Alabama
Investment Overview
Marcus & Millichap is pleased to present a Mavis Tires & Brakes located in Huntsville, Alabama.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By
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