Town Fair Tire

Barre, Vermont

NNN Pro Group is pleased to present the exclusive listing for a Town Fair Tire located at 1239 US-302 in Barre, VT. The site consists of roughly 6,854 rentable square feet of building space on estimated 0.84-acre parcel of land. This Town Fair is subject to a 20-year absolute triple-net (NNN) lease, which commences upon close of escrow. The current annual rent is $165,750 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 6, 5-year 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
– Corporate Guarantee from Mavis Discount Tire | 2,000+ Locations