St Augustine, FL - 7 Brew

Description:

• The tenant recently signed a brand new 20-year lease with 6 (5-Year) options to extend, demonstrating long-term commitment to the site
• The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• Mavis Tires & Brakes is one of the largest independent tire and automotive service providers in the U.S., with more than 3,500 locations nationwide and a growing footprint across the country
• 2026 construction which features high quality materials, distinct design elements, and high-level finishes

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Listing ID: a28TP000003gECvYAM