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Mavis Discount Tire 9343 Pennsylvania 61

6,730 SF 100% Leased Retail Building Coal Township, PA 17866 £1,756,393 (£261/SF) 5.75% Net Initial Yield

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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

£1,756,393

Price Per SF

£261

Net Initial Yield

5.75%

NOI

£100,993

Percent Leased

100%

Number of Floors

Building FAR

0.13

Land Acres

1.18 AC

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