Mavis Tires Brakes Saleleaseback — Sale in Pawleys Island, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Pawleys Island, SC 29585

Investment Figures

Cap rate
5.50%

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 3,500 service centers throughout the United States under a variety of operating formats. Located along South Carolina’s scenic Hammock Coast, Pawleys Island is a historic seaside community about 25 miles south of Myrtle Beach and 70 miles north of Charleston. Known as one of the oldest summer resorts on the East Coast, Pawleys Island is home to a small population and is part of Georgetown County. Investment Highlights: • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty • Five 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 • Average Household Income Exceeds $110,000 in the Surrounding Area • Adjacent to Lowe's Foods and Surrounded by Local Businesses and Retailers • Situated Immediately on US-17 (Ocean Hwy), Providing Easy Access to Residents and Tourists Alike

Market Context

This retail in Pawleys Island, SC is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 85 days. Compare it against other retail listings for sale in Pawleys Island, SC — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Pawleys Island, SC