Lowest Cap Rate
5.2%
Lowest Cap Rate over past 24 months
Average Cap Rate
6.21%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
Mavis Discount Tire was founded as Mavis Tire Supply corporation in 1972, and is headquartered in Millwood, NY. It operates as an independent multi-brand tire dealer, one of the largest independent tire and service providers in the U.S. Mavis has over 1,150 Locations locations nationwide, in 21 states. Mavis' triple net leases have a typical term of 15-20 years, with escalations of 5-10% every five years.
Property & Lease
Sales Price Range$2,000,000 - $3,500,000
NOI Range$135,000 - $175,000
Building SF6,000 - 7,000
Lease Term15 - 20 Years
Escalations10% Every 10 Years
Stock SymbolCAPITALCOM:US500
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
5.64
5.82
5.9
5.93
N/A
N/A
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
Recent Sales Comps
Longview, TX5.93%
Beacon, NY6.02%
Saint Cloud, FL5.24%
Top Consumer Traffic
Morristown, NJ93,800
Riverview, FL83,500
Tuscaloosa, AL80,200
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
