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521 W University Dr
Denton, TX 76201
Mavis Tires & Brakes Sale-Leaseback · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- Mavis Offers a Menu of Additional Services Including Brakes, Alignments, Oil Changes, Suspension, Shocks, Struts, Battery Replacement, & Exhaust Work
- Rapidly Growing Trade Area in the Dallas/Fort Worth MSA - Households and Population Projected to Increase 9-11% in the Immediate Area by 2030
- 5% Rental Increases Every Five Years with Multiple Renewal Options
- Mavis is One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
- Centrally Located within 2 Miles of the University of North Texas (±47,000 Students), Downtown Denton, and Texas Woman's University (±13,000 Students)
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,800 SF
Building Class
C
Year Built/Renovated
1962/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.07 AC
Zoning
SC - Suburban Corridor
Frontage
148’ on W University Dr
Amenities
- Dedicated Turn Lane
- Pylon Sign
Property Taxes
| Parcel Number | R33921 | Improvements Assessment | $1,295,038 |
| Land Assessment | $826,420 | Total Assessment | $2,121,458 |
Property Taxes
Parcel Number
R33921
Land Assessment
$826,420
Improvements Assessment
$1,295,038
Total Assessment
$2,121,458
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