Commercial Real Estate in Joppa available for sale
Joppa NNN Properties For Sale

NNN Property for Sale within 10 kilometers of Joppa, AL, USA

More details for 926 N Brindlee Mountain Pky, Arab, AL - Retail for Sale

Mavis Tires & Brakes: Arab, AL - 926 N Brindlee Mountain Pky

Arab, AL 35016

  • NNN Property
  • Retail for Sale
  • $3,648,001 CAD
  • 5,670 SF

Arab Retail for Sale

As the exclusive advisor to Ownership, CBRE, Inc. is proud to offer qualified investors the opportunity to acquire, via long-term sale-leaseback, the recently constructed 5,670-square-foot Mavis Tires & Brakes (dba Express Oil Change) located at 926 North Brindlee Mountain Parkway, Arab, AL (the “Property”). Structured as a NNN lease with no landlord responsibilities, the Property will include a new 20-year lease to Mavis Tire Supply LLC (the “Tenant”) with six, 5-year options to renew. The lease will feature a 5% escalation every five years and all renewal options will be subject to the same 5% escalation at each onset. The Property will be sold at its development cost of $2,666,667 and investors are asked to bid the rent / capitalization rate as part of their offer.

Contact:

CBRE

Property Subtype:

Freestanding

Date on Market:

2025-05-16
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