Monro Auto Service & Tire Center

Investment Overview

Investment Highlights

• Brand New 10-Year Renewal Demonstrates Commitment to the Location - Monro recently executed a new 10-year lease renewal, highlighting its long-term commitment to the site and confidence in the market.
• Publicly Traded Tenant (NASDAQ: MNRO) Monro, Inc. is one of the nation's largest automotive service providers, operating approximately 1,300 locations across multiple brands throughout the United States.
• NN Lease with Limited Landlord Responsibilities Tenant is responsible for taxes, insurance, and CAM. Landlord obligations are limited to roof (Brand New Roof 2025,) structure, and parking lot replacement - recent upgrades reduce near-term capital exposure.
• Long Operating History as an Auto Repair Facility - 2005 Construction.
• The lease includes 10% rental bumps in the two (2) renewal options - providing a stable, escalating income stream.
• Retail-Dense Corridor with National Tenants Surrounded by top-performing national brands including Walgreens, McDonald’s, Tim Hortons, Domino’s, Applebee’s, Burger King, and more - positioning the asset within a highly synergistic retail cluster.
• Highway Connectivity and Accessibility Easy access to I-69 and US-23, with strong visibility and accessibility for both local residents and regional commuters.