Mavis Discount Tire with TBC Corporate Guarantee
Mavis is an outparcel in front of a 182,000 square foot shopping center anchored by Home Depot and Pet-Smart. Mavis has a direct curb cut off US Highway 78 into its property.
In February 2020, Mavis acquired 112 National Tire and Battery (NTB, a division of TBC Corporation) locations. Mavis assumed this (NTB) lease and as part of the transaction, Mavis Tire Express Services Intermediate Corp is guaranteeing the lease. In addition, TBC Corporate is also guaranteeing the lease through September 30, 2030.
Auto repair is considered an essential use, and this store was able to stay open during the Georgia stay at home order.
The rent for this property is $15.79/sf, which is below market for a freestanding building.
4135 Stone Mountain Hwy, Lilburn, GA 30047, USA