14005 US Highway 19 S
Thomasville, GA 31792
Mavis Discount Tire · Retail Property For Sale

CBRE is pleased to exclusively present for sale this Mavis Discount Tire property located on US Highway 19S in Thomasville, GA. This property was built in 2015 and Mavis is currently operating on a 20 year NNN lease with over 16 years remaining in the initial lease term, and four, five year options to renew. There are 5% rental increases every 5 years in the base term of the lease and in each option period. The lease is corporately guaranteed by Mavis Discount Tire, one of the largest multi-brand tire distributors in the United States. Mavis Discount recently acquired Kauffman Tire and merged with Express Oil Change resulting in over 830 company locations. Mavis is situated on a large 1.193 parcel on US Highway 19 with excellent visibility for over 29,000 vehicles traveling by daily. The property is an outparcel location to the Lowe's and a Publix anchored center, providing a retail draw to this location. Additional surrounding tenants include Raceway Gas, Verizon, Suntrust Bank, KFC, Applebee's, IHOP and LongHorn Steakhouse. The site is also surrounded by hotel uses including the Holiday Inn Express and Best Western. This area has also seen growing population in the 5, 7 and 10 mile rings over the last 5 years which is projected to continue through 2023. This NNN lease with zero deferred maintenance combined with a strong highway location, large trade area and successful tenant makes this an ideal investment for the astute investor.