Mavis Tires & Brakes

Investment Overview

For sale is a freestanding Mavis Tires & Brakes operating under an absolute NNN lease structure, offering investors passive income with built-in inflation protection through CPI-based rent escalations. The subject property is located in a growing suburb of Chicago, and is outparcel to the Shorewood Crossing shopping center, which features daily needs retailers such as a Mariano’s grocery store, Marshalls, Orange Theory fitness, and Taco Bell.

Investment Highlights

• Absolute NNN lease structure – tenant is responsible for all maintenance, repairs, taxes, insurance, and operating expenses, providing a truly passive investment
• CPI-based rental increases every 5 years, capped at 12%, offering built-in inflation protection and income growth potential
• The existing loan can be assumed and offers a below market interest rate of 5.92% (See page 6 for details)
• The subject property, formerly a NTB, has operated as a tire store for ~20 years and has an established customer base
• The current lease term runs through May 2031, and the tenant has three, 5-year extension options
• Essential service-oriented tenant in the automotive repair sector, benefiting from recurring consumer demand and limited e-commerce disruption
• Located approximately 43 miles southwest of downtown Chicago in the affluent community of Shorewood
• Average household incomes exceed $135,000 within a 3-mile radius of the subject property
• Positioned within a well-trafficked commercial corridor with nearby national retailers, service users, and daily-needs businesses
• Excellent accessibility to major roadways, include I-55 and regional arterial routes connecting to downtown Chicago and surrounding suburbs