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MAVIS DISCOUNT TIRE  |  $1,920,000  |  6.00% CAP

Mavis-Discount-Tire---Calumet-City--IL_DBI-7eae88fa-DJI_0350.jpg

» Early Lease Extension: Tenant has Committed to 2041 (17 Years) at this Location with Fantastic Rental Annual Increases of 2% Starting in 2027 then Converting to 10% Every 5 Years in 2032. More Lease Information on Page 9.


» Long-Term Tenancy: This Location was Operated by National Tire & Battery for 35 Years. Now Known as Mavis Discount Tire after Being Acquired in 2020 by Mavis Tire Express Services Intermediate Corporation.


» Corporate Guaranty: Mavis Tire is the Second Largest Independent Multi-Brand Tire Dealers in the United States with Over 2,300+ Retail Stores in 29 States.


» Excellent Access: Frontage on Ring Road which Connects River Oaks Drive (27,800+ VPD) & Torrence Avenue (25,200+ VPD) Surrounding River Oaks West Shopping Center.


» Dominant Retail Corridor: Mavis Discount Tire is across Ring Road from Sam’s Club and One Block from River Oaks Center which Host 62 Stores, 1.29 Million Square Feet, and Anchor Tenants JCPenny & Macy’s.


» Substantial Demographics: In a 5 Mile Radius the Population Exceeds 245,450+, Daytime Population 227,800+ and an Average Household Income of $68,000.

PRESENTED BY:

PETER DELTONDO
Founder, Deltondo Advisory Group
(949) 698-2609
pdeltondo@marcusmillichap.com
Lic. CA 01797033

BROKER OF RECORD
Steven Weinstock
License: 471.011175

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