Mavis Discount Tire

Waynesboro, Georgia

NNN Pro Group is pleased to present the exclusive listing for a Mavis located at 551 Academy Ave in Waynesboro, GA. The site consists of roughly 10,603 rentable square feet of building space on estimated 0.73-acre parcel of land. This Mavis is subject to a 20-year absolute triple-net (NNN) lease, which commences upon close of escrow. The current annual rent is $143,805 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 6, 5-year renewal options.

 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