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Mavis Discount Tire 9343 Pennsylvania 61

6,730 SF 100% Leased Retail Building Coal Township, PA 17866 $2,226,100 ($331/SF) 5.75% Cap Rate

Executive Summary

Bennett Williams is pleased to exclusively offer for sale a single tenant net-leased Mavis Tire investment property in Shamokin, Pennsylvania. The tenant, Mavis Tire Supply LLC will operate under a new NNN lease with a fifteen-year term. Mavis Tire currently operates over 2,100 retail store locations throughout the United States. Headquartered in Millwood, New York, The Mavis Brand is one of the largest independent multi-brand dealers in the United States. The subject property is strategically situated along PA-61. This location gives Mavis Tire a billboard like presence in the market.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,730 SF
Year Built
2023
Price
$2,226,100
Price Per SF
$331
Cap Rate
5.75%
NOI
$128,001
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Land Acres
1.18 AC
  • Listing ID: 33851599

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 9343 Pennsylvania 61, Coal Township, PA 17866

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