NEW LISTINGS: Mavis Discount Tire - Chicago, IL & Milwaukee, WI | NNN | Corporate Guaranty | 6 Years Remaining

OFFERING MEMORANDUM | Mavis Discount Tire - Chicago (Calumet City), IL

$1,803,000 / 6.00%

The subject property is comprised of 8,907 square feet and was built in 1985. The building sits on a large 1.51 Acre lot located just off Ring Road. Mavis Discount Tire is currently being converted from NTB (National Tire & Battery) with new signage and paint. 

Mavis Discount Tire will operate on a Corporate Absolute-Net lease with 5 years remaining. The initial term will have annual CPI increases capped at 2% including the One, 5-year option.

OFFERING MEMORANDUM | Mavis Discount Tire - Milwaukee (West Bend), WI

$1,843,000 / 6.25%

The subject property is comprised of 5,675 square feet and was built in 1999. The building sits on a large 30,927 Square Foot lot located just off South Main Street that oversees 23,500+ Vehicles Per Day. Mavis Discount Tire is currently being converted from NTB (National Tire & Battery) with new signage and paint.

Mavis Discount Tire will operate on a Corporate Absolute-Net lease with 5 years remaining. The initial term will have 7.5% increases every 5 years including the Four, 5-year options.

Mavis Discount Tire is one of the second largest independent multi-brand tire dealers in the United States and offers a menu of additional services including brakes, alignments, suspension, shocks, struts, oil changes, battery replacement, and exhaust work.

Mavis Discount Tire still operates that original 7,000 square foot store in Mt. Vernon. What’s more, the tradition of Value-Oriented Service originating with Vic’s Cycle Shop will always be the backbone of the company.

For more information about this property, please reach out to Peter Deltondo (949) 698-2609 For additionally available inventory, please view our inventory at www.deltondoadvisorygroup.com