Chapin, SC 29036

Mavis Tires & Brakes Sale-Leaseback

Property Address

301 Lexington Ave, Chapin, SC, USA

Offering Summary

  • Price: $3,274,336
  • Lot Size: 0.84 Acres
  • Cap Rate: 5.65%
  • Year Built: 2025
  • Building SF: 6,730
  • Status: Available
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  • 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 Work
  • Mavis is One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
  • Situated in the Columbia MSA - ±22,623 Residents within a 5-Mile Radius
  • Average Household Income Exceeds $119,000 in the Surrounding Area
  • Adjacent to Publix Super Market and Surrounded by National Retailers: Walgreens, Sonic Drive-In, O'Reilly Auto Parts, and More
  • Easy Freeway Access - 2 Miles Off the I-26 Freeway, Offering a Direct Route Southeast to Columbia

Broker Information