Trophy Quality STNL Mavis Tire 5080 Highland Shoppes Dr Local commercial 977 m² À vendre Charlotte, NC 28269 3 366 040 € (3 443,76 €/m²) Taux de capitalisation 5,75 %

Pegasus Investments Real Estate Advisory Inc., in conjunction with ParaSell, Inc., as exclusive advisors to the Seller, is excited to present investors with the opportunity to acquire a high-performing, net-leased Mavis Tires & Brakes in one of Charlotte’s fastest-growing residential and retail corridors (the “Property”). The Property is secured by a 100% absolute triple net lease to Griffin Brothers Auto (doing business as Mavis Tires & Brakes), offering investors zero landlord responsibilities and a reliable, long-term income stream. The tenant has operated at the site for nearly a decade, with over 10 years of remaining term on the base lease and 10% rental increases every five years, including in each of the four 5-year extension options. Situated on a 1.02-acre parcel with a well-maintained 10,521 square foot building, this offering provides durable cash flow, built-in rent growth, and minimal operational risk.
The tenant, Griffin Brothers Auto, is a subsidiary of the Griffin Brothers Companies, a Charlotte-based firm that has expanded beyond automotive services into real estate, hospitality, and venture capital. Griffin Brothers Auto was acquired by Express Oil Change, one of the nation’s largest and most respected automotive service operators with over 390 locations across 19 states. The lease features a corporate guaranty from Express Oil Change, a core brand within the Mavis Tires & Brakes portfolio, which includes national service names like Brakes Plus, Town Fair Tire, and Tuffy Tire. With deep industry experience and private equity backing, Mavis is a dominant player in the e-commerce-resistant auto services sector.
Strategically located along Highland Shoppes Drive, just off Prosperity Church Road and highly visible from Charlotte’s I-485 Outer Loop, the Property benefits from affluent demographics and dense surrounding development. Over 65,000 residents with average household incomes exceeding $113,000 live within a 3-mile radius. The Property is adjacent to a drive-thru Bojangles, an IHOP-anchored strip center, and is shadow-anchored by Harris Teeter, with other nearby anchors including Publix and ALDI. The immediate area includes nearly 1,000 multifamily units within a quarter mile, and a growing retail corridor with robust traffic and daytime population.
The Property is surrounded by one of Charlotte’s most active residential pipelines, with a mix of completed, under-construction, and planned townhome and multifamily developments, including Highland Creek, Cardinal Point, and Prosperity Crossing, among others. In total, thousands of new residential units are being delivered or planned within a 3-mile radius, creating long-term demand drivers for neighborhood retail and services. Located in Charlotte, the 3rd fastest-growing major city in the U.S., and ranked among the top cities for business and quality of life, this offering is uniquely positioned at the intersection of institutional leasing, long-term demographic growth, and market momentum.