What is Tire Store Tuesday, you ask. Well it’s a day we made up so we could talk about our outstanding tire store assets!
Our portfolio has recently included a number of high-quality tire stores. We’ve closed on two and have one under contract, but two others are still for sale (see below)!
Tire Choice Anchored Center – Tampa, FL
Tire Choice is one of two credit tenants in this fantastic Tampa, FL multi-tenant center. Tire Choice is a Monro Muffler company (Nasdaq: MNRO).
Nearby retail is very strong and includes Target, LA Fitness, Petco, Five Guys, and Walgreens!
It’s no secret that Tampa is booming with growth, but this area has particularly strong income demographics. The 3 mile median household income is estimated to be over $83,000.
Please click here to download an OM and see more photos. It’s priced at $6,286,018 with a 6.85% cap rate.
BRAKEmax – Tucson, AZ
This brand new construction BRAKEmax is located off of I-10 in sunny Tucson, AZ and is an out parcel of Costco! It’s so close to Costco that it sits in-between the store and the Costco gas station!
Nearby retail includes Walmart, Starbucks, and In-N-Out!
Please click here to download an OM and see more photos. It’s priced at $2,673,008 with a 5.75% cap rate.