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Mavis Discount Tire
Rent Bump in 2026 | Prime Philadelphia Retail Corridor | 30K+ VPD
Listing Contacts
License: PA AB068498
License: PA RS323884
Active
Asking Price: $2,995,000
Address
763 Bethlehem Pike, Montgomeryville, PA 18936
Show on MapDate Added
Mar 3, 2025
Days on Market
48 days
Time Since Last Update
34 days
Details
Property TypeRetail
SubtypeAuto Shop
Lease TypeNNN
TenancySingle
Brand/TenantMavis Discount Tires
Lease Expiration10/31/2033
Remaining Term8.5 years
Square Footage12,200
Cap Rate5.67%
Occupancy100%
NOI$170,000
Year Built1980
Lot Size (acres)1.02
Rent BumpsYes
OwnershipFee Simple
INTELLIGENCEMarketing Description
Equity Retail Brokers is pleased to offer for sale this 12,200 square foot Mavis Discount Tire property located on a one acre parcel in Montgomeryville, Pennsylvania. The tenant has been operating at this site for over 30 years and has renewed the lease several times, showing commitment to this location. The tenant recently renewed their NNN lease - corporately guaranteed by Mavis Tire Supply LLC - and has 8+ years remaining with two, five-year options to renew. The lease features two rental increases in the base term - 5% on in 2026 and 10% on in 2031 - as well as 5% in each of the two, five-year option periods.
Investment Highlights
RECENTLY EXTENDED, CORPORATELY GUARANTEED LEASE
• The tenant recently renewed their lease - corporately guaranteed by Mavis Tire Supply LLC; has 8+ years remaining with two, five-year options
TWO RENTAL INCREASES IN BASE TERM
• Next increase on 12/1/2026 ($178,000 - 5.95% cap rate on asking price)
• Mavis has a 5% rental increase in 2026 and a 10% rental increase in 2031 - additional 5% rental increases occur in each five-year option period
ESTABLISHED TENANT
• The tenant has been operating at this site for over 30 years and has renewed the lease several times, showing commitment to this location
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$170,000.00
$14,166.67/mo
Valuation Metrics
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0
DSCR
5.68%
Cap Rate
5.68%
ROI
Property History
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Due Diligence
Listing Contacts
- License: PA AB068498
- License: PA RS323884
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