Mavis Tires Brakes Saleleaseback — Sale in Mocksville, NC
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Mocksville, NC 27028
Investment Figures
- Cap rate
- 5.60%
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 2,000 service centers in 38 states under three operating formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus. Mocksville is a town in, and the county seat of, Davie County, North Carolina. It is located along I-40, which leads west to Statesville and Hickory and east to Winston-Salem and Greensboro. Mocksville is a vibrant community that offers a mix of small-town charm with a strategic location along major transportation corridors. Investment Highlights: • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty • 5 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 • Adjacent to Walmart Supercenter and in Close Proximity to National Retailers: Lowe's Home Improvement, Tractor Supply Co, McDonald's, Burger King, and More • Immediate Access to the Interstate 40, Offering a Direct Route to Winston-Salem • New High-Quality 2025 Construction • Growing Trade Area in the Winston-Salem-Greensboro MSA
Market Context
This retail in Mocksville, NC is listed for sale. It is offered at an approximate 5.6% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Mocksville, NC — view the full market.
Contact
- Alex M. Frankel · (602) 687-6697 · alex.frankel@marcusmillichap.com
- Mark Ruble · (602) 687-6766 · mark.ruble@marcusmillichap.com
- Chris Lind · (602) 687-6780 · chris.lind@marcusmillichap.com
- Zack House · (602) 687-6650 · zachary.house@marcusmillichap.com
- Charles Gallagher · (704) 831-4600
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com
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