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Mavis Tire & Brakes 3545 Richland Ave W 6,979 SF Retail Building Aiken, SC 29801 $4,080,301 CAD ($584.65 CAD/SF) 5.65% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Leading Tire Retailer
- Brand New Construction in Excellent Condition
- Outparcel to Walmart Supercenter
- Strong Positioning on Richland Avenue West
Executive Summary
Surmount is pleased to present the exclusive listing for a Mavis Discount Tire located at 3545 Richland Avenue West, Aiken, SC 29801. The site consists of roughly 6,979 rentable square feet of building space on an estimated 1-acre parcel of land. Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $170,000 and has scheduled increases of 5.00% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,979 SF
Building Class
C
Year Built
2024
Price
$4,080,301 CAD
Price Per SF
$584.65 CAD
Cap Rate
5.65%
NOI
$230,537 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.00 AC
Zoning
C - Commercial
Nearby Major Retailers
Property Taxes
| Parcel Number | 087-19-03-013 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $204,961 CAD |
Property Taxes
Parcel Number
087-19-03-013
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$204,961 CAD
Contacts
-
Matthew Anuszkiewicz -
Robert Stein -
John McHugh -
Glen Kunofsky -
Christopher Marks -
Surmount
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Mavis Tire & Brakes | 3545 Richland Ave W
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