Mavis Discount Tire
Orangeburg, South Carolina
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NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire
located at 127 Magnolia Village Parkway, Orangeburg, SC 29118. The site
consists of roughly 6,500 rentable square feet of building space on an
estimated 0.9-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 $208,000 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)
Talk to the pros
Andrew Darby
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