Mavis Discount Tires - Net Lease Property for Sale
Longmont, CO
Key Investment Metrics
Price
$2,500,000
Cap Rate
5.0%
Net Operating Income
$125,000
Building Size
8210 SF
Lot Size
8,210 SF
Land Area
1.2 Acres
Remaining Term
14 years
Lease Expiration
11/30/2039
Lease Term
15.1 years
Lease Commencement
11/05/2024
Lease Type
Absolute NNN
Year Built
2025/2026
Occupancy
100%
Tenancy
Single
Rent Increases
10% every 5 years
About This Mavis Discount Tires Net Lease Property
This Mavis Discount Tires NNN (triple net lease) property is located in Longmont, CO and represents an excellent investment opportunity for commercial real estate investors. The property features 8210 square feet of building space and was built in 2025/2026.
With a cap rate of 5.0%, this Mavis Discount Tires net lease property offers stable income potential. The asking price is $2,500,000, making it an attractive option for 1031 exchange investors seeking quality Mavis Discount Tires commercial properties.
Why Invest in Mavis Discount Tires NNN Properties?
- Stable Income: Mavis Discount Tires net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Mavis Discount Tires is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Longmont, CO Market Overview
Located in Longmont, CO, this Mavis Discount Tires property benefits from strong local demographics and market fundamentals. The Longmont area offers excellent visibility and accessibility, making it an ideal location for Mavis Discount Tires operations and a solid investment for net lease property buyers.