Skip to Content

Mavis Discount Tire

Snellville, Georgia

Map View

Street View

Marcus & Millichap is pleased to present the exclusive listing for a Mavis Discount Tire located at 3877 Centerville Rosebud Rd in Snellville, GA. The site consists of roughly 6,418 rentable square feet of building space on estimated 1.08-acre parcel of land.
This Mavis Discount Tire is subject to a 20-year Absolute Triple-Net (NNN) lease, which commences upon close of escrow. The annual rent is $85,000 and is scheduled to increase by five (5%) percent every five (5) years. There are six (6), five (5)-year tenant renewal options.

About the Investment:

✓ Long Term 20-Year Sale-Leaseback
✓ Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each

About the Location:

✓ Dense Retail Corridor | Walmart, Walgreens, Publix, Wendy’s, Dollar Tree, Burger King, Advance Auto Parts, Chevron, McDonald’s, AutoZone, Domino’s, and Aldi
✓ Robust Demographics | Population Exceeds 127,150 Individuals Within a Five-Mile Radius
✓ Compelling Location Fundamentals | Less Than 30 Miles from Hartsfield-Jackson Atlanta International Airport (ATL) |Busiest Airport in the United States | Serves Over 100,000,000 Passengers Annually
✓ Strong Academic Presence | Within 10 Miles of Emory University | Over 15,000 Students Enrolled
✓ Strong Traffic Counts | Over 28,000 Vehicles Per Day on Centerville Highway
✓ Positive Real Estate Fundamentals | Within Twenty Miles of Downtown Atlanta
✓ Affluent Suburban Community | Average Income Within A 1-Mile Radius Exceeds $87,900

About the Tenant/Brand:

✓ Mavis is the second largest independent automotive service business in the U.S. with over 1,050 service centers in 29 states, $1.5 billion of revenue and industry-leading profit margins.
✓ Mavis has a best-in-class management team and operating culture and has generated the strongest and most consistent financial results in the industry with over 10 years of positive comparable sales growth.
✓ The company consists of three operating formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus
✓ Mavis was founded in 1972 and offers a diverse range of tire and mechanical services and exceptional customer service.
✓ Mavis has leading market share in its key regions (especially the Northeast), and a strong real estate profile with very well-maintained buildings and equipment.
✓ Mavis’ strong asset base leads to superior financial results; Mavis’ average unit volumes are approximately $1.5 million per store which is ~25% higher than Monro, the only competitor that is a public company.
✓ David and Stephen Sorbaro have been co-CEOs of Mavis for over 30 years.

Key Details

Cap Rate:
Annual Rent:
3877 Centerville Rosebud Rd, Snellville, Georgia 30039
Property Type:
Net-Leased Auto Parts
Lease Type:
Triple Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
Upon Close of Escrow
Lease Expiration:
20 Years from Close of Escrow
Lease Term Remaining:
20 Years
Rental Increases:
5% Every 5 Years
Lot Size:
+/- 1.08 Acres
Building Size:
6,418 SF
Mavis Discount Tire

Broker of record

John Leonard

License: 252904

Similar Properties


1203 N Pacific Street, Snellville, Georgia, 75773

Express Oil Change

34 Bluffton Road, Snellville, Georgia, 29910

Pizza Hut

7301 Saltsburg Road, Snellville, Georgia, 15235

Mavis Discount Tire

7801 Garners Ferry Rd, Snellville, Georgia, 29209