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Mavis Tires & Brakes 3125 Highway 78 E 6,979 SF 100% Leased Retail Building Jasper, AL 35501 $3,531,865 CAD ($506.07 CAD/SF) 5.90% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Leading Tire Retailer
- Dense Retail Corridor | High-Performing Tenants
- Strong Frontage on Highway 78 East
- Expanding Market of Aging Vehicles
Executive Summary
Surmount is pleased to present the exclusive listing for a Mavis Tires & Brakes located at 3125 Highway 78 East, Jasper, AL 35501. The site consists of roughly 6,979 rentable square feet of building space on an estimated 1.12-acre parcel of land. Mavis Tires & Brakes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $150,000 and has scheduled increases of 5.00% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
6,979 SF
Year Built
2025
Price
$3,531,865 CAD
Price Per SF
$506.07 CAD
Cap Rate
5.90%
NOI
$208,380 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.14
Lot Size
1.12 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-01-11-1-102-013-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $77,767 CAD |
Property Taxes
Parcel Number
17-01-11-1-102-013-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$77,767 CAD
Contacts
-
Matthew
Anuszkiewicz
-
Robert
Stein
-
John
McHugh
-
Glen
Kunofsky
-
Christopher
Marks
-
Brian
Brockman
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Videos
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Matterport 3D Tour
Photos
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Street
Map
Presented by
Company Not Provided
Mavis Tires & Brakes | 3125 Highway 78 E
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