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Mavis Tires & Brakes: Arab, AL 926 N Brindlee Mountain Pky 5,670 SF Retail Building Arab, AL 35016 $2,666,667 ($470.31/SF) 6% Cap Rate

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Investment Highlights

New 20-Year NNN Lease with Attractive Escalations and No Landlord Responsibilities
Situated between Huntsville & Birmingham
Proximate to retailers like Walmart, Harbor Freight, CVS Pharmacy & McDonald's

Brand New Construction Sold at Development cost
Positioned off of North Brindlee Mountain Parkway (16,500 VPD) and a half mile east of North Main Street (5,532 VPD)
Affluent Demographic Profile | Nearly 20,0000 people within a 5-mile radius

Executive Summary

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.