Listed by Marcus & Millichap - Washington, D.C.
$2,750,000
Mavis Tire I 5406 Indian Head Hwy
Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 8,472
Cap Rate 6%
NOI $165,000
Occupancy 100%
Tenancy Single
Brand/Tenant AutoZone, Advanced Auto Parts
Lease Type NNN
Lease Term 15
Lease Expiration 11/30/2040
Remaining Term 14.5
Rent Bumps Yes
Lease Options Five; Five-Year Terms
Price per SqFt $325
Year Built 1968
Year Renovated 2026
Acreage 0.460
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/20/2025
Ground Lease No
Ownership Fee Simple
Washington, DC Market | New 15-Year Lease | Limited National Competition
Investment highlights
- NEW MAVIS WITH STRONG RENTAL INCREASES - The tenant, Mavis Tire Supply, LLC, operating as Mavis is subject to a 15-year lease with a projected opening in May of 2026. The tenant began paying rent in November of 2025. The lease features increases of 10% every 5 years of the base term and the five, five-year option terms. Mavis will operate out of a retrofit 8,472 square-foot building that sits on 0.46 acres of land.
- PROXIMATE TO WASHINGTON, DC INSIDE OF I-495 - The Property is located in Oxon Hill, Maryland, just 0.35 miles away from the Washington, DC border. The site sits along a service road that runs parallel to Indian Head Hwy (25,420 VPD) and is accessible via two signalized intersections as well as an additional point of ingress in between the intersections. Indian Head Highway intersects with Livingston Road just one parcel removed, a heavily traveled local route that averages 12,024 vehicles per day. Notably, the Livingston Road and Indian Head Highway intersection is the first signalized intersection off the Capital Beltway/I-495 (197,580 VPD), which creates a constant 24-hour flow of traffic past the property. Immediately across the street is a Giant Food, the area's leading grocery chain, which averages 879.2 thousand annual visits, per Placer.ai. Other neighboring retailers include 7-Eleven, Popeyes, Dollar Tree, and Dollar General which collectively generate an additional 1.2 million combined annual customer visits, with each ranking in the top 12th percentile of their respective chains, signalizing strong retail demand. The property is further supported by strong demographics, with a population of 143,905 residents and an average household income of $102,275 within three-miles of the site.
- PROPERTY RECENTLY UNDERWENT TOTAL RENOVATION - Mavis is relocating into a formerly Goodyear-occupied building that has recently completed a full renovation. The renovation included an owner contribution of $500,000 in tenant improvement and an additional $750,000 investment from Mavis showing their commitment to the location. The renovation included a total gut and re-outfitting of the interior of the building including the interior slab, installation of 8 new garages, and significant investment in 8 new car lifts inside of the garages. In addition, the roof was replaced in 2025. These renovations reflect a brand-new Mavis building, but at a much lower rental rate than the new build to suit Mavis facilities. This greatly mitigates investor risk!
- ONLY NATIONAL BRAND IN IMMEDIATE TRADE AREA - This new Mavis location benefits from being the only large, national tire retailer serving the immediate trade area. The nearest competing national tire and automotive brand is a Firestone Complete Auto Care located 1.93 miles away towards the city. This lack of recognizable competition, complimented by strong demographics, provides Mavis with a very large local customer base without the need to aggressively compete, reinforcing its long term commitment to the site.
- PREMIER, EXPANDING RETAIL TIRE CHAIN - Mavis Discount Tire is one of the largest independent automotive platforms in the United States. For more than 50-years, Mavis has been saving people money on tires. While the company was founded as Mavis Tire Supply Corporation in 1972, its roots can be traced back to Vic's Cycle Shop in 1949. Through the decades, Mavis has prioritized value-oriented service as the backbone of the company. After mergers with Express Oil Change & Tire Engineers, Brakes Plus, and acquisitions of Tire Kingdom, NTB, STS, Melvin's Tire, Jack Williams Tire, Tuffy Tire, Action Gator, and Town Fair Tire, Mavis now leads a company of more than 2,300 locations across 39 states. Mavis offers customers a complete range of services including brakes, alignments, suspensions, shocks, struts, oil changes, battery replacement, and exhaust work.
Listing Contacts
Listed by Marcus & Millichap - Washington, D.C.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,000.00
$13,750.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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