We have a new-to-market portfolio of net lease assets for sale in Arizona, Florida, and Nevada. These properties are all new or under construction auto repair stores in great locations, and are available to purchase as a portfolio or separately. The portfolio is priced at $24,105,500 with a 5.00% cap rate.
You can download OMs and see drone photos by clicking the respective link(s) below:
- Tire Choice Port Charlotte, FL
- Tire Choice Oviedo, FL
- Tire Choice Orlando, FL (Curry Ford Rd)
- Tire Choice Orlando, FL (Hoffner Ave)
- Wilhelm Auto Gilbert, AZ
- BRAKEmax Tucson, AZ
- Tire Works Henderson, NV
Tire Choice is a Monro Muffler company. Monro Muffler is publicly traded (Nasdaq: MNRO) and had almost $2 billion in revenue last year.
The guarantor for Wilhelm Auto, BRAKEmax, and Tire Works is GB Auto Service, which is affiliated with Greenbriar Equity Group.
These are also demographically strong assets in fantastic locations.
For example, the Henderson, Nevada Tire Works location has over 310,760 people within 5 miles and nearby traffic averages of over 144k (I-215)!
And the Oviedo (Orlando MSA), Florida Tire Choice location has average household incomes of $97,242 and $96,400 in the 3, 5 mile radii!