Available

Mavis Discount Tire

9343 PA-61, Shamokin, PA 17866

Investment Opportunity

The Offering

Bennett Williams is pleased to exclusively offer for sale a single tenant net-leased Mavis Tire investment property in Shamokin, Pennsylvania. The tenant, Mavis Tire Supply LLC will operate under a new NNN lease with a fifteen-year term. Mavis Tire currently operates over 2,100 retail store locations throughout the United States. Headquartered in Millwood, New York, The Mavis Brand is one of the largest independent multi-brand dealers in the United States. The subject property is strategically situated along PA-61. This location gives Mavis Tire a billboard like presence in the market.

  • Mavis Discount Tire

Investment Highlights

→ Mavis Tire currently operates over 2,100 retail store locations in the United States.

→ Tenant showed its commitment to the redevelopment site by signing a brand new, long term lease.

→ Rental Increases in the base term, as well as the option terms give an investor a solid return over the lease term.

→ The property is ideally positioned along PA-61 in Coal Township, PA, a rapidly growing suburb of Shamokin, PA.

→ Shadow anchored by Walmart, this intersection has become a regional pull for the surrounding area and is the reason for new brands like Taco Bell and Wawa to locate here.

The Details

Square Footage:

6,730 SF

Property Type:

Freestanding

Price:

$2,133,333.33

Investment Type:

Single Tenant

Cap Rate:

6%

NOI:

$128,000

Occupancy:

100%

The Location

Contact Us

Adam Hagerman

Vice President
717.843.5555 x235

717.870.6932

ahagerman@bennettwilliams.com

Cale Bruso

Retail Associate
717.843.5555 x235

570-294-6870

cbruso@bennettwilliams.com

Brad Rohrbaugh

Executive VP, Retail Director
717.843.5555

717.891.7368

brohrbaugh@bennettwilliams.com

Chad Stine

President & CEO
717.843.5555

717.968.7505

cstine@bennettwilliams.com