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Mavis Tires (NTB) | St. Peters, MO 5701 Suemandy Rd
8,957 SF Retail Building Saint Peters, MO 63376 $1,751,000 ($195/SF) 6% Cap Rate
Investment Highlights
- LONG-TERM LEASE EXTENSION WITH MAVIS TIRES & BRAKES
- ABSOLUTE TRIPLE NET (NNN) LEASE – ZERO LANDLORD RESPONSIBILITIES
- EXCELLENT SITE-LEVEL VISIBILITY & ACCESS
- CORPORATE GUARANTY FROM MAVIS TIRE EXPRESS SERVICES TOPCO CORP.
- STRATEGIC LOCATION – MID RIVERS MALL
- ST. LOUIS LAMBERT INTERNATIONAL AIRPORT
Executive Summary
CAP RATE - 6.00%
NOI - $105,035.52
LEASE EXPIRATION - 8/31/2039
GUARANTEE - CORPORATE (MAVIS)
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Services
- 8,957 SF
- -
- Aug 2039
National Tire & Battery (NTB) was created in 1997 through the merger of two highly regarded tire retailers. NTB's expert service, vast selection, state-of-the-art equipment and exceptional commitment to customers has earned them a reputation for high-quality auto care. They strive to be a go-to resource for their clients car’s health. With a huge range of tires and quality products at the guaranteed lowest price, combined with fast, hassle-free service, their bumper-to-bumper auto care is all customers need, every time. Whenever clients' vehicles require service or repair, they can trust their highly qualified technicians to get you back on the road. They'll even help them remember the important to-dos like oil changes and routine service.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Services | 8,957 SF | - | Aug 2039 |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2-0110-6604-00-000D.0000000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $285,620 |
PROPERTY TAXES
Presented by
Mavis Tires (NTB) | St. Peters, MO | 5701 Suemandy Rd
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