601 Market Plz - Auto Repair FOR SALE
Locust Grove, GA 30248 |
$3,072,000 USD
858-373-3174
601 Market Plz
Locust Grove, GA 30248
HIGHLIGHTS
- 18 Years Remaining, Absolute NNN Lease with 7% Increases Every 5 Years
- Corporate Guaranty by Mavis Tire Express with 2,000+ Locations Across 27 States and $1.5 Billion in Revenue
- Baypine LP and Investors Recently Acquired Mavis in 2021, Reportedly Valued the Company at $6 Billion Including Debt
- Mavis Tire is the 2nd Largest Independent Tire Dealership Chain in the U.S.
- Strong Unit-Level Sales Resulting in a Highly Profitable Location
- Brand New High-Quality Construction with Six Service Bays
FOR SALE DETAILS
PRICE
$3,072,000 USD
PRICE/SF
$649 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Express Oil Change
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.7 AC
LAND SF
74,207 SF
ZONING
C
APN/PARCEL ID
0112-01-013-011
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858-373-3174
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858-373-3174
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