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3910 South Broadway Avenue, Tyler, TX , 75701
  • Size SF 6,370
  • Built/Renov1988/2024
  • Price/SF$235
  • Lease Start11-01-2024
  • Rent/SF$14.13
  • Lease Type Abs NNN
  • Lot/AC0.60
  • Pop 5MI112,991

1,500,000

  • Cap Rate 6.00%
  • NOI $90,000
  • R. Term/Yrs 9.5
  • Guarantor Corp Rated
  • # Units 160
  • Recent renovation

  • Hard corner intersection

  • Dense retail corridor

  • Highway location

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 10+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 10-year lease with 5 (5-year) options to extend
  • 10% rental increases every 5 years throughout the primary term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Brakes Plus
  • Guarantor Corp Rated
  • #Units 160
  • Moody's/S&P B3/ B-
  • Stock Private

Brakes Plus is a full-service auto repair and maintenance shop offering a wide range of services, including brake repair, maintenance, air conditioning, clutch repair, axle service, engine repair, transmission work, radiator service, and exhaust services. Founded in 1990, Brakes Plus has grown to over 150 locations across several states. The company became part of the Mavis Tire Express Services family of brands after its acquisition by Express Oil Change & Tire Engineers in 2018. Brakes Plus is headquartered in Centennial, Colorado.

Mavis Tire Express Services is one of the largest independent multi-brand tire dealers in the U.S., operating over 1,400 service centers nationwide under the Mavis Discount Tire, Express Oil Change, Brakes Plus, and Town Fair Tire brands. Mavis Tire Express Services holds an S&P credit rating of B- and a Moody’s credit rating of B3, with headquarters in Millwood, NY.

...
8134 Peony Heights, Colorado Springs, CO , 80927
  • Size SF 4,975
  • Built/Renov2023
  • Price/SF$641
  • Lease Start11-01-2023
  • Rent/SF$35.24
  • Lease Type Abs NNN
  • Lot/AC0.86
  • Pop 5MI173,284

3,187,000

  • Cap Rate 5.50%
  • NOI $175,308
  • R. Term/Yrs 18.4
  • Guarantor Corp Rated
  • # Units 153
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Brand-new 2023 construction
  • Brakes Plus has 19+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Brakes Plus
  • Guarantor Corp Rated
  • #Units 153
  • Moody's/S&P B3/ B-
  • Stock Private

Brakes Plus is a full-service auto repair and maintenance shop. The company provides brake repair, maintenance, air conditioning, clutch repair, axles, engine repair, transmission, radiators, and exhaust services. Founded in 1990, Brakes Plus has grown to over 153 locations across 6 states nationwide. Brakes Plus is part of the Mavis Tire Express family of brands which acquired them in November 2017. They are headquartered in Centennial, Colorado.

Mavis Tire Express (“Mavis”) is one of the largest, independent, multi-brand tire dealers in the U.S. They currently operate over 1400 service centers across the U.S., under the Mavis Discount Tire, Express Oil Change, Brakes Plus, and Town Fair Tire brands. Mavis Tire Express Services has an S&P credit rating of B- and a long-term Moody’s credit rating of B3. The company is headquartered in Millwood, NY. 

...
4800 U.S. 89, Flagstaff, AZ , 86004
  • Size SF 6,500
  • Built/Renov2007/2024
  • Price/SF$447
  • Lease Start05-01-2024
  • Rent/SF$27.50
  • Lease Type NN+
  • Lot/AC0.98
  • Pop 5MI50,012

2,905,000

  • Cap Rate 6.15%
  • NOI $178,750
  • R. Term/Yrs 8.10
  • Guarantor Corp Rated
  • # Units 153
  • Build to suit

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Highway location

  • Affluent suburb location

  • Brand new lease

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Brakes Plus will be executing a brand-new 10-year lease with 4 (5-year) options to extend
  • The lease features 7.5% rental escalations at the start of each option period
  • Favorable NN+ lease with landlord responsible for CAM - subject to tenant reimbursement
  • Corporate guaranteed lease
  • Tenant Brakes Plus
  • Guarantor Corp Rated
  • #Units 153
  • Moody's/S&P B3/ B-
  • Stock Private

Brakes Plus is a full-service auto repair and maintenance shop. The company provides brake repair, maintenance, air conditioning, clutch repair, axles, engine repair, transmission, radiators, and exhaust services. Founded in 1990, Brakes Plus has grown to over 153 locations across 6 states nationwide. Brakes Plus is part of the Mavis Tire Express family of brands which acquired them in November 2017. They are headquartered in Centennial, Colorado.

Mavis Tire Express (“Mavis”) is one of the largest, independent, multi-brand tire dealers in the U.S. They currently operate over 1400 service centers across the U.S., under the Mavis Discount Tire, Express Oil Change, Brakes Plus, and Town Fair Tire brands. Mavis Tire Express Services has an S&P credit rating of B- and a long-term Moody’s credit rating of B3. The company is headquartered in Millwood, NY. 

...
3301 West Stan Schlueter Loop, Killeen, TX , 76549
  • Size SF 3,168
  • Built/Renov2023
  • Price/SF $861
  • Lease Start01-01-2024
  • Rent/SF$51.64
  • Lease Type Abs NNN
  • Lot/AC1.04
  • Pop 5MI142,733

2,727,000

  • Cap Rate 6.00%
  • NOI $163,600
  • R. Term/Yrs 13.6
  • Guarantor Corp Rated
  • # Units 144
  • New construction

  • Signalized intersection

  • Major thoroughfare

  • Highway location

  • Dense 100M+ pop 5 mi

  • Major MSA

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Brand new construction, opening 2023
  • Brakes Plus, LLC signed a brand new 15-year lease with 5 (5-year) options to extend
  • Lease features 7.5% rental increases every 5 years throughout the initial term and at the beginning of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Brakes Plus
  • Guarantor Corp Rated
  • #Units 144
  • Moody's/S&P B3/ B-
  • Stock Private

Brakes Plus is a full-service auto repair and maintenance shop. The company provides brake repair, maintenance, air conditioning, clutch repair, axles, engine repair, transmission, radiators, and exhaust services. Founded in 1990, Brakes Plus has grown to over 140 locations across 6 states nationwide. Brakes Plus is part of the Mavis Tire Express family of brands which acquired them in November 2017. They are headquartered in Centennial, Colorado.Mavis Tire Express (“Mavis”) is one of the largest, independent, multi-brand tire dealers in the U.S.. They currently operate over 1390 service centers across the U.S, under the Mavis Discount Tire, Express Oil Change, Brakes Plus, and Town Fair Tire brands. Mavis Tire Express Services has an S&P credit rating of B- and a long term Moody’s credit rating of B3. The company is headquartered in Millwood, NY.

...

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