Brakes Plus Sale-Leaseback (Mavis Guaranty) — Sale in Lincoln, NE

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Lincoln, NE 68504

Photos

Brakes Plus Sale-Leaseback (Mavis Guaranty) — Sale in Lincoln, NE, photo 1 of 6
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Investment Figures

Cap rate
5.70%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Founded in 1990, Brakes Plus offers brake and auto repair services, tire rotation, oil changes, transmission services, and more. Whether it's scheduled maintenance or oil changes, shocks and struts or brake repair/maintenance, Brakes Plus provides customers a service they can trust at a price they can afford. Brakes Plus now has 190 locations and growing across seven states. Lincoln, the capital city of Nebraska and the second-largest city in the state, is situated in the southeastern part of Nebraska. It serves as the county seat of Lancaster County and has a population of approximately 292,650 as of 2021. Lincoln is the economic and cultural anchor of a substantially larger metropolitan area in southeastern Nebraska, the Lincoln Metropolitan and Lincoln-Beatrice Combined Statistical Areas. Investment Highlights: • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty • 5 Percent Rental Increases Every Five Years with Multiple Renewal Options • Brakes Plus Operates 190 Plus Locations Across Seven States • Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States with Over 3,500 Service Centers Across the U.S. • Prime Location in North Star Crossing, a New 50-Acre Shopping Center in Development, Home to National Tenants Including Chick-fil-A and Casey's • Convenient Access to Interstate 80, a Major Connector for the Lincoln MSA • Densely-Populated Lincoln Trade Area with 136,907 Residents within a Five-Mile Radius • Positioned Near Lincoln Crossing, an Established Shopping Center Anchored by Walmart, Sam's Club, and Hy-Vee Grocery Store

Market Context

This retail in Lincoln, NE is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Lincoln, NE — view the full market.

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