Mavis Tires Brakes Saleleaseback — Sale in Chapin, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chapin, SC 29036

Investment Figures

Cap rate
5.65%

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

As the largest multi-brand tire dealer in the United States, Mavis operates over 2,000 service centers in 38 states under three operating formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus. Chapin, known as the "Capital of Lake Murray," is a small lake town located at the northern tip of Lexington County, South Carolina. Chapin is a suburb of Columbia, situated approximately 24 miles northwest of the city center. 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 • Mavis Offers a Menu of Additional Services Including Brakes, Alignments, Oil Changes, Suspension, Shocks, Struts, Battery Replacement, and Exhaust Work • Mavis is One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States • Situated in the Columbia MSA - Approximately 22,623 Residents within a Five-Mile Radius

Market Context

This retail in Chapin, SC is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Chapin, SC — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Chapin, SC