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Mavis Discount Tires

Macon, Georgia

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NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire
located at 4371 Hartley Bridge Road, Macon, GA 31216. The site consists of
roughly 6,500 rentable square feet of building space on an estimated 0.96-
acre parcel of land. This Mavis Discount Tire is subject to a 20 Years-year
Triple Net (NNN) lease which will commence upon close of escrow. The
annual rent will be $172,380 and has scheduled increases of 5.00% Every 5
Years.

Investment Highlights:

20-Year Triple-Net (NNN) Lease
At Closing the Tenant will Execute A Brand New 20-Year Absolute TripleNet Lease. The Lease will Have No Landlord Responsibilities

Attractive Rental Increases and Renewal Options
The Lease Features Five Percent (5.00%) Rental Increases Every Five Years and Six (6), Five (5) Year Renewal Options
Corporate Guarantee
Mavis Tire Express Services TopCo Corp. (2,000+ Units)

Key Details

Price:
$2,652,000
Cap Rate:
6.50%
Annual Rent:
$172,380
Address:
4371 Hartley Bridge Road, Macon, Georgia 31216
Property Type:
Automotive - Tire Services
Lease Type:
Triple Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
COE
Lease Expiration:
20 Years From COE
Lease Term Remaining:
20 Years
Lot Size:
0.96 Acres
Building Size:
6,500 SF
Year Built:
2024
Tenant:
Mavis Discount Tires

Talk to the pros

Matthew Anuszkiewicz

License: 10401294046

Robert Stein

License: 10401341647

Andrew Darby

Broker of record

Brian Brockman

Bang Realty-Georgia, Inc

License: 378952


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