1277 Eighteen Mile Rd - Auto Repair FOR SALE


Central, SC 29630
$2,666,667 USD
216-292-7006
1277 Eighteen Mile Rd, Central, SC for Sale
$2,666,667 USD
Auto Repair - FOR SALE
1/4
null | 6% Cap Rate

1277 Eighteen Mile Rd
Central, SC 29630


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% 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, & 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
  • 44,764 Residents within a 5-Mile Radius - Projected to Increase Over 4% by 2029
  • Easily Accessible by Approx. 32,000 Cars per Day via 18 Mile Road and Calhoun Memorial Parkway

OVERVIEW

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. The Town of Central is located in Pickens County, South Carolina, in the northwest corner of the state, positioned strategically midway between Atlanta, Georgia and Charlotte, North Carolina. The area is known for its scenic natural landscapes with nearby proximity to the Upstate's most vibrant areas.

FOR SALE DETAILS

PRICE

$2,666,667 USD

PRICE/SF

$394 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Tire – Abs NNN 20 YR Sale-Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alex FrankelMarcus & MillichapMore Info
216-292-7006

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Alex FrankelMarcus & MillichapMore Info
216-292-7006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.