461 Lakewood Rd, Waterbury, CT 06704

TOP PERFORMING STORE IN THE CHAIN Ranked #4 out of 119 locations by Placer.ai based on Visits PSF ranking. BEST OF THE BEST LOCATIONS - STRICTLY RETAIL

The Town Fair Tire sites being offered were all in the founder’s personal portfolio and are positioned in the chain’s best retail locations. Town Fair Tire strictly sells tires and wheels and are located next to national retailers unlike other tire chains that also offer oil changes and tune-ups and have greater exposure to environmental issues.

OVER 50 RECENT SALE COMPS BETWEEN 5.34% TO 6.10%

See pages 18-20 to review over 50 sale comps of tire retailers that have all sold at average cap rates between 5.34% and 6.10% including three Town Fair Tires that just sold in December.

DURABLE INDUSTRY POSITIONED FOR STRONG GROWTH

Since electrical cars weigh more than their gas-powered counterparts, they also wear out tires more quickly which will only increase the demand for tires as the country transitions to electric cars.

ZERO LANDLORD RESPONSIBILITIES

Tenant has sole responsibility for all operating, capital expenses, roof & structure which removes any Landlord liability and makes this property truly an absolute net-lease investment

LONG TERM ABSOLUTE NNN LEASE W/ BUMPS

16 years remaining on the base term with 10% bumps every 5 years.

STRATEGICALLY LOCATED IN BETWEEN RT. 8 & I-84

Located on Lakewood Road in Waterbury, CT, this Town Fair Tire is situated between the area’s two dominant shopping centers, Waterbury Plaza anchored by Target and Stop & Shop & Naugatuck Valley Shopping Center anchored by Walmart. Lakewood Road has a daily traffic volume of approximately 18,800 vehicles, ensuring excellent access to the areas 94,000 customers within a 3 mile radius

OVER 2,000 LOCATIONS/PARENT GUARANTY SECURES THE LEASE

Town Fair Tire merged with Mavis Inc. in 2019 creating a company with over 2,000 locations. Both Mavis and Town Fair Tire entities are listed as the Tenant, and both are backstopped with a Mavis Tire Express Services TopCo Corp. parent guaranty