2111 Veterans Blvd - Auto Repair FOR SALE


Dublin, GA 31021
$2,833,333 USD
216-292-7006
2111 Veterans Blvd, Dublin, GA for Sale
$2,833,333 USD
Auto Repair - FOR SALE
1/5
null | 6% Cap Rate

2111 Veterans Blvd
Dublin, GA 31021


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% Rental Increases Every Five Years with Multiple Renewal Options
  • Express Oil Change & Tire Engineers Operates 380+ Locations Across 19 States
  • Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States
  • New High-Quality 2024 Construction
  • Excellent Frontage Along Veterans Boulevard, a Major Thoroughfare with Direct Access to Downtown Dublin

OVERVIEW

Mavis has been saving people money on tires for more than 50 years. While the company was founded as Mavis Tire Supply Corporation in 1972, its roots can be traced back to 1949. Mavis generates approximately $2.4 billion in revenue annually. The Mavis brands are rapidly expanding with goals to add 100+ stores per year. Dublin is the county seat of Laurens County, Georgia, home to an estimated 16,000 residents. The city is filled with Southern charm and a vibrant culture. Located in the heart of Laurens County, Dublin has a rich heritage and is home to a charming downtown with a bustling Farmers Market, historic architecture, boutiques, and dining. The Oconee River and Southern Pines Waterpark provide opportunities for outdoor recreation.

FOR SALE DETAILS

PRICE

$2,833,333 USD

PRICE/SF

$403 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Express Oil Change & Tire Engineers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

-

APN/PARCEL ID

D04A-064

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.