4900 North May Avenue

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4900 North May Avenue

Oklahoma City, OK 73112
Asking Price
$2.56M
Cap Rate
5.85%
Asset Type
Auto Shop Retail
Class
Class B

What's Special

Absolute NNN 20-Year Corporate Sale-Leasebacks <ul><li>​Excellent Corporate Guarantee from Leading Tire Retailer | The lease is backed by a strong corporate guarantee from Mavis Tire Express Services TopCo Corp, the largest tire service operator in the U.S. with over 3,000 locations. Mavis operates a highly diversified portfolio of brands, including Mavis Discount Tire, Express Oil Change, Brakes Plus, NTB, Tire Kingdom, Tuffy Tire, Midas, and Town Fair Tire.</li><li>​Outstanding Retail Pocket | The subject property is positioned in a dense

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NOI
$80,000
Cap Rate
3.12%
DSCR
0.53
Underwater
Cash-on-Cash
-9.39%
Monthly Payment
$12,685.783
Annual Cash Flow
$-72,229.391

Location & Travel Times