Mavis Discount Tire 15100 Kutztown Rd 6,797 SF Retail Building Kutztown, PA 19530 $2,975,207 ($437.72/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term 20-Year NNN Sale-Leaseback
- Recession Resistent Due to Non Discretionary Nature of Services
- Strong Corporate Guarantee
- Attractive Rent Increases and Renewal Options
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire located at 15100 Kutztown Rd, Kutztown, PA, 19530. The site consists of roughly 6,797 rentable square feet of building space on an estimated 1.34-acre parcel of land. This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $178,512 and has scheduled increases of 5.00% Every 5 Years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
6,797 SF
Building Class
B
Year Built
2023
Price
$2,975,207
Price Per SF
$437.72
Cap Rate
6%
NOI
$178,512
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.34 AC
Zoning
commercial
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- Endcap
- 4,800 SF
- Retail
- End Cap
- Jul 2025
- Inline
- 1,600 SF
- Retail
- In-Line
- Jul 2025
| Space | Size | Space Use | Position | Available |
| Endcap | 4,800 SF | Retail | End Cap | Jul 2025 |
| Inline | 1,600 SF | Retail | In-Line | Jul 2025 |
Endcap
| Size |
| 4,800 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Jul 2025 |
Inline
| Size |
| 1,600 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Jul 2025 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 63-5443-19-52-2153 | Improvements Assessment | $3,048,500 |
| Land Assessment | $1,683,500 | Total Assessment | $4,732,000 |
