Pawleys Island, SC 29585

Mavis Tires & Brakes Sale-Leaseback

Property Address

40 S Causeway Rd, Pawleys Island, SC, USA

Offering Summary

  • Price: $2,909,091
  • Lot Size: 0.84 Acres
  • Cap Rate: 5.50%
  • 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
  • Average Household Income Exceeds $110,000 in the Surrounding Area
  • Adjacent to Lowe's Foods and Surrounded by Local Businesses and Retailers
  • Situated Immediately on US-17 (Ocean Hwy), Providing Easy Access to Residents and Tourists Alike

Broker Information