Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Mr. Tire 21730 Great Mills Rd 2,440 SF Retail Building Lexington Park, MD 20653 $2,156,806 CAD ($883.94 CAD/SF) 6.75% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Attractive Rent Increases
Minimal Landlord Responsibilities
Naval Air Station Patuxent River

Corporate Guaranty
Strategic Location
Strong Demographics

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase an investment property leased to Mr. Tire located at 21730 Great Mills Road in Lexington Park, Maryland (the “Property”). The Property consists of a 2,440 square foot building on a 0.34-acre parcel. Mr. Tire has 6+ years remaining on their lease with two (2), 10-year renewal options. The lease features a corporate guarantee from Monro Inc. and calls for an attractive 8% rent increase in 2028, as well as annual CPI increases in the option periods. Mr. Tire is well located at the signalized intersection of Great Mills Road and Shangri-La Drive. The corner parcel offers excellent visibility, with prominent signage and access from both Great Mills Road and Shangri-La Drive. The Property is directly across the street from a Big Lots-Anchored retail center and is down the street from the intersection of Great Mills Road and Three Notch Road, the primary commercial thoroughfare in Lexington Park. Mr. Tire is part of the larger trade area surrounding the entrance to the Patuxent River Naval Air Station.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Auto Repair

Building Size

2,440 SF

Building Class

Year Built

2004

Price

$2,156,806 CAD

Price Per SF

$883.94 CAD

Cap Rate

6.75%

NOI

$145,584 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.16

Lot Size

0.34 AC

Zoning

DMX - It is a mixed-use district that allows for a variety of uses, including residential, commercial, and office.

Signage

Major Tenants

Services
-
-
-

Ils offrent des soins complets pour une voiture, un camion, un VUS ou une fourgonnette, y compris l'entretien régulier, les réparations et, bien sûr, les pneus. Leurs coéquipiers comptent parmi les professionnels les plus compétents et les plus utiles de l'industrie. Ils ont une mission : aider à entretenir chaque véhicule comme s'il s'agissait du leur. Ils offrent toutes les grandes marques de pneus et leur garantie de conduite et de prix de 30 jours garantissent que les clients sont entièrement satisfaits de leurs pneus. En tant que l'un des plus grands concessionnaires indépendants de pneus au pays, ils sont experts dans l'installation et l'installation des bons pneus pour n'importe quel client. Dans le cadre de la famille de marques Monro, Inc., il y a plus de 1 250 magasins idéalement situés aux États-Unis.