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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29882959
29882960

113 Mulberry Commercial Pkwy, Richmond Hill, GA 31324 For Sale

KM
CA 2067187, TN 362005
Matthews
CE
CA 01963473
Matthews
Matthews
Listed by Matthews
$3,136,320
152 days on market
Updated 48 days ago

Mavis

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 7,550
Cap Rate 6.25%
NOI $196,020
Tenancy Single
Brand/Tenant Mavis Discount Tires
Lease Type NNN
Lease Expiration 03/16/2035
Remaining Term 8.6
Year Built 1997
Year Renovated 2015
Buildings 1
Stories 1
Acreage 1.150
Ground Lease No
Ownership Fee Simple

Absolute NNN Lease | Corporate Guarantee

Investment highlights

  • Absolute NNN Lease: Passive investment with zero landlord responsibilities, providing predictable, management-free cash flow.

  • Corporate Guarantee: The lease features a corporate guarantee from Mavis Tire Express Services Intermediate Corp, ensuring strong, reliable income backed by one of the nation’s largest tire and auto service operators.

  • Growing National Brand: With its June 2025 acquisition of Midas, Mavis has expanded its footprint to over 3,500 locations across 39 states in the U.S. and Canada, operating under three formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus.

  • Demonstrated Commitment to Location: Mavis acquired the business at this site in 2021, rebranding it to its current format and investing in the location’s long-term performance.

  • Reported Financials: Unit-level financials are available. Contact broker for details.

  • High-Quality Construction: ±7,550 SF freestanding building featuring 8 drive-in service bays on over an acre of land, designed for operational efficiency with a modern service center layout.

  • High-Visibility Location: Over ±23,000 vehicles pass this site daily along a primary thoroughfare connecting Richmond Hill to Savannah.

  • Strategic Market Position (Savannah MSA): Richmond Hill benefits from proximity to the Port of Savannah, one of the fastest-growing and most strategic container ports in the U.S. The port serves as a major East Coast gateway for imports and exports, with the Georgia Port Authority supporting nearly 651,000 jobs statewide.

Listing Contacts

KM
CA 2067187, TN 362005
Matthews
CE
CA 01963473
Matthews
Matthews
Listed by Matthews

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$196,020.00
$16,335.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Maxx Bauman
License
License # 80041, 451849 (GA)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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