• An Award Winning Net Lease & Retail Commercial Real Estate Group

National Tire and Battery | 7 Year NNN Lease

908 Grand Central Ave, Vienna, WV 26105, USA
$1,714,286

Description

Marcus & Millichap is pleased to present this National Tire and Battery, an absolute NNN Leased single-tenant investment offering, located at 908 Grand Central Avenue in Vienna, West
Virginia.
The subject property consists of a 5,860 Square Feet Automotive Building with Six Repair Bays. This NTB is located next to a Sam’s Club and across the street from Walmart Supercenter and has direct exposure to Grand Central Avenue with a traffic count in excess of 17,000 vehicles per day.
The base term of the lease is seven years and has 10 percent increases in each of the four five-year option periods. There are numerous National and Regional retailers in the immediate area including Sam’s Club, Walmart Supercenter, McDonalds, Moe’s Southwest Grill, Logan’s Roadhouse, Applebee’s, BB&T, 7 Eleven, Arby’s, Anytime Fitness, Lowe’s and Grand Central Mall among others.
The TBC Retail Group includes Tire Kingdom, NTB, Merchants Tire and Auto Centers and Big O Tire stores. Together, there are more than 1,200 locations in 41 states, plus Washington DC, Alberta & British Columbia, Canada. There are approximately 226 NTB stores.

  • Corporate Guarantee from TBC Corporation
  • New 7 Year NNN Lease with 10% Increases in Each Option Periods
  • Located next to a Sam’s Club and Across the Street from Walmart Supercenter and Grand Central Mall
  • Direct Exposure to more than 17,000 Vehicles Per Day
  • Over 56,188 Residents in the Market Area with an Average HHI Exceeding $57,187

Property Documents

  • City: Vienna
  • State/county: West Virginia
  • Zip/Postal Code: 26105
  • Country: United States

Detail

  • Price: $1,714,286

Additional details

  • CAP Rate: 7.00%
  • NOI: $120,000

Features