2897 Emanuel Church Rd - Auto Repair FOR SALE


West Columbia, SC 29170- Gaston/Swansea
$2,666,667 USD
216-292-7006
2897 Emanuel Church Rd, West Columbia, SC for Sale
$2,666,667 USD
Auto Repair - FOR SALE
1/4
null | 6% Cap Rate

2897 Emanuel Church Rd
West Columbia, SC 29170
Gaston/Swansea


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, and Exhaust Wor
  • Mavis is One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
  • 81,465 Residents within a 5-Mile Radius - Growing Trade Area in the Columbia MSA
  • Easily Accessible Location at a Busy Intersection - Nearly 21,000 Cars per Day at the Corner of Emanuel Church Road and Old Barnwell Road

OVERVIEW

The Columbia metro contains the state capital and the University of South Carolina. As a result, the market has a growing and diverse economic base with a strong foundation in government, education and insurance. The city of Columbia itself is the second-most populous city in South Carolina, with 141,000 people. 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. Originally a bicycle shop, the family owned business became a tire shop by filling a neighborhood need to work on automobile tires and quickly grew their reputation and customer base.

FOR SALE DETAILS

PRICE

$2,666,667 USD

PRICE/SF

$267 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

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

-

LAND SF

-

ZONING

-

APN/PARCEL ID

006625-02-035

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.