Invest in America’s essential automotive service sector. Automotive NNN properties offer recession-resistant income backed by brands consumers rely on daily—from auto parts retailers like AutoZone and O’Reilly to quick lube operators like Jiffy Lube and Valvoline to tire and service centers like Firestone and Goodyear. These investments provide long-term leases, strong credit backing, and immunity to e-commerce disruption.

Why Invest in Automotive NNN Properties?

The automotive sector represents one of the most resilient segments in net lease investing. With over 280 million registered vehicles in the United States requiring ongoing maintenance, repairs, and parts, automotive tenants benefit from non-discretionary consumer demand that persists regardless of economic conditions.

Automotive NNN properties are largely immune to e-commerce disruption—oil changes, tire installations, brake repairs, and collision work cannot be performed online. This essential service nature creates consistent foot traffic and predictable revenue streams that translate into reliable rent payments for property owners.

The sector includes multiple sub-categories: auto parts retailers (AutoZone, O’Reilly, NAPA, Advance Auto Parts), quick lube and oil change centers (Jiffy Lube, Valvoline, Take 5), tire and full-service centers (Firestone, Goodyear, Discount Tire), and collision repair operators (Caliber Collision). Each offers distinct investment characteristics, from investment-grade corporate guarantees to higher-yielding franchisee-backed leases.

Key Investment Characteristics

Characteristic	Details
Cap Rate Range	5.00% – 7.50% depending on credit quality, lease term, and tenant type
Typical Lease Terms	10-20 years initial term with multiple five-year options
Building Size Range	1,500 – 15,000 SF depending on concept (larger for collision centers)
Typical Price Range	$1.0M – $5.0M (auto parts/quick lube); $3.0M – $8.0M (collision/tire centers)
Lease Structure	Absolute NNN and NN (roof/structure) depending on tenant
Rent Escalations	Typically 1.5% – 2% annual or 10% every 5 years

Investment Advantages

Recession-Resistant Demand: Vehicle maintenance is non-discretionary. Consumers must maintain their vehicles regardless of economic conditions, providing consistent demand across market cycles.
E-Commerce Immunity: Automotive services cannot be performed online. Oil changes, tire installations, brake repairs, and collision work require physical locations, protecting these assets from digital disruption.
Investment-Grade Credit: Major tenants like AutoZone, O’Reilly, and Firestone (Bridgestone) carry investment-grade credit ratings, providing bond-like security for lease obligations.
Essential Service Classification: Many automotive service providers were classified as essential businesses during pandemic restrictions, demonstrating their critical role in transportation infrastructure.
Aging Vehicle Fleet: The average age of vehicles on U.S. roads continues to increase (currently 12+ years), driving sustained demand for parts and maintenance services.
Minimal Landlord Responsibilities: Absolute NNN structures shift all operating expenses, maintenance, and repairs to the tenant, creating truly passive income.

Automotive Tenant Categories

Auto Parts Retailers

AutoZone, O’Reilly Auto Parts, NAPA Auto Parts, and Advance Auto Parts represent the core of the auto parts retail sector. These tenants typically offer corporate-guaranteed leases with 10-15 year initial terms. Cap rates range from 5.00% to 6.50% depending on credit quality and remaining lease term. Building sizes average 6,000-8,000 SF on 0.75-1.5 acre sites.

Quick Lube & Oil Change

Jiffy Lube, Valvoline Instant Oil Change, and Take 5 Oil Change dominate the quick service maintenance segment. These properties feature drive-thru service bays optimized for 15-minute oil changes. Leases are typically 10-20 years with strong rent escalations. Cap rates range from 5.50% to 6.50%. Properties are smaller at 1,500-3,000 SF but command premium per-square-foot rents.

Tire & Full-Service Centers

Firestone Complete Auto Care, Goodyear, Discount Tire, and Mavis Discount Tire offer comprehensive tire sales and automotive services. Firestone benefits from Bridgestone’s investment-grade backing. Properties are larger at 5,000-8,000 SF with multiple service bays. Cap rates vary significantly based on corporate vs. franchisee backing.

Collision Repair

Caliber Collision dominates the collision repair NNN space with 1,800+ locations nationwide. Properties are larger (10,000-25,000 SF) with specialized buildout for body work. Leases feature 15-year terms with 10% increases every 5 years. Cap rates typically range from 5.75% to 6.75% with corporate guarantee.

2. Tenant Overview Table

Tenant	Credit/Parent	Locations	Cap Rate	Avg Size	Price Range
AutoZone	BBB (S&P)	6,400+	5.00% – 5.75%	6,800 SF	$1.5M – $3.5M
O’Reilly Auto Parts	BBB (S&P)	6,100+	5.25% – 6.00%	7,400 SF	$1.5M – $3.5M
NAPA Auto Parts	A- (GPC Parent)	6,000+	5.50% – 6.50%	7,000 SF	$1.2M – $2.5M
Advance Auto Parts	BB+ (S&P)	4,700+	6.00% – 7.00%	7,000 SF	$1.2M – $2.8M
Jiffy Lube	Private (Shell)	2,000+	5.75% – 6.50%	2,200 SF	$1.2M – $2.5M
Valvoline	Private	1,900+	5.50% – 6.25%	2,000 SF	$1.5M – $3.0M
Take 5 Oil Change	Private (Driven Brands)	900+	5.75% – 6.50%	1,800 SF	$1.2M – $2.5M
Firestone Complete Auto Care	A (Bridgestone)	1,700+	5.00% – 5.75%	6,500 SF	$2.5M – $5.0M
Goodyear	Ba2/BB	1,000+	6.50% – 7.50%	5,500 SF	$1.5M – $3.5M
Discount Tire	Private	1,100+	5.75% – 6.50%	7,500 SF	$2.0M – $4.0M
Mavis Discount Tire	Private (PE Backed)	2,000+	6.00% – 7.00%	6,000 SF	$1.5M – $3.5M
Caliber Collision	Private (PE Backed)	1,800+	5.50% – 6.50%	15,000 SF	$3.0M – $7.0M
Meineke	Private (Driven Brands)	900+	6.25% – 7.25%	4,000 SF	$1.0M – $2.5M
Pep Boys	Private (Icahn)	900+	6.50% – 7.50%	8,000 SF	$1.5M – $3.5M
Christian Brothers Automotive	Private (Franchise)	280+	6.00% – 7.00%	6,500 SF	$2.0M – $4.0M
Monro Auto Service	Not Rated	1,300+	6.50% – 7.50%	4,500 SF	$1.2M – $2.5M
Maaco	Private (Driven Brands)	450+	6.50% – 7.50%	8,000 SF	$1.2M – $2.5M
Midas	Private (TBC Corp)	1,100+	6.25% – 7.25%	4,500 SF	$1.0M – $2.5M
Big O Tires	Private (TBC Corp)	460+	6.00% – 7.00%	6,500 SF	$1.5M – $3.0M
NTB (National Tire & Battery)	Private (TBC Corp)	600+	6.25% – 7.25%	7,000 SF	$1.5M – $3.0M

3. Individual Tenant Pages

AutoZone NNN Properties for Sale

Invest in AutoZone triple net lease properties backed by investment-grade credit. AutoZone, Inc. (NYSE: AZO) is the nation’s leading auto parts retailer with 6,400+ locations and over $18 billion in annual revenue. These NNN investments offer 10-15 year lease terms with 5.00% – 5.75% cap rates and strong corporate guarantees.

Investment Characteristics

Characteristic	Details
Credit Rating	BBB (S&P) / Baa1 (Moody’s) – Investment Grade
Parent Company	AutoZone, Inc.
Stock Ticker	AZO (NYSE)
Locations	6,400+
Annual Revenue	$18+ billion
Typical Lease Terms	10-15 years with options
Building Size	6,500-7,500 SF
Lot Size	0.75-1.5 acres
Cap Rate Range	5.00% – 5.75%
Price Range	$1.5M – $3.5M
Lease Structure	NNN and NN (varies by location)

Why Invest in AutoZone NNN Properties?

Investment-grade credit rating (BBB/Baa1) provides bond-like lease security
Corporate guarantee on every lease eliminates franchisee credit risk
Nation’s largest auto parts retailer with dominant market position
90% of sales from DIY customers—highly recession-resistant
E-commerce resistant business model—customers need parts immediately
Strong same-store sales growth history
Mix of NNN and NN leases available (NN typically carries higher rents)

FAQ

Q: What is the typical cap rate for AutoZone NNN properties?

A: AutoZone NNN properties typically trade at 5.00% – 5.75% cap rates. Investment-grade credit and long remaining lease terms command the lowest cap rates. Properties with shorter lease terms or NN structures (landlord responsible for roof/structure) may trade at slightly higher yields.

Q: How long are typical AutoZone NNN leases?

A: AutoZone typically signs 10-15 year initial lease terms with multiple five-year renewal options. Most leases feature rent escalations of 7.5-10% every five years or 1.5-2% annually, providing built-in income growth.

Q: What is AutoZone’s credit rating?

A: AutoZone carries investment-grade credit ratings of BBB from S&P and Baa1 from Moody’s. This strong credit backing provides institutional-quality security for lease obligations.

Q: What is the difference between AutoZone NNN and NN leases?

A: AutoZone offers both NNN (absolute triple net) and NN (double net) leases. NNN leases eliminate all landlord responsibilities. NN leases make the landlord responsible for roof and structural repairs but typically feature higher base rents to compensate for this additional responsibility.

O’Reilly Auto Parts NNN Properties for Sale

Invest in O’Reilly Auto Parts triple net lease properties backed by investment-grade credit. O’Reilly Automotive, Inc. (NASDAQ: ORLY) operates 6,100+ locations across 48 states with over $15 billion in annual revenue. These NNN investments offer 10-15 year lease terms with 5.25% – 6.00% cap rates and corporate guarantees.

Investment Characteristics

Characteristic	Details
Credit Rating	BBB (S&P) / Baa1 (Moody’s) – Investment Grade
Parent Company	O’Reilly Automotive, Inc.
Stock Ticker	ORLY (NASDAQ)
Locations	6,100+
Annual Revenue	$15+ billion
Typical Lease Terms	10-15 years with options
Building Size	7,000-8,000 SF
Lot Size	0.75-1.5 acres
Cap Rate Range	5.25% – 6.00%
Price Range	$1.5M – $3.5M
Lease Structure	Primarily NNN

Why Invest in O’Reilly Auto Parts NNN Properties?

Investment-grade credit rating (BBB/Baa1) ensures lease security
Corporate guarantee on all leases—no franchisee risk
Second-largest auto parts retailer in the United States
Dual market focus—DIY consumers and professional installers (DIFM)
Industry-leading same-store sales performance
Aggressive expansion continues nationwide
Newer construction with modern building specifications

FAQ

Q: What is the typical cap rate for O’Reilly Auto Parts NNN properties?

A: O’Reilly Auto Parts NNN properties typically trade at 5.25% – 6.00% cap rates, depending on remaining lease term, location quality, and market conditions. Properties with 10+ years remaining typically achieve the lowest cap rates.

Q: How long are typical O’Reilly Auto Parts NNN leases?

A: O’Reilly typically signs 10-15 year initial lease terms with multiple five-year renewal options. Rent escalations are commonly 7.5-10% every five years, providing predictable income growth over the lease term.

Q: What is O’Reilly Auto Parts’ credit rating?

A: O’Reilly Automotive carries investment-grade credit ratings of BBB from S&P and Baa1 from Moody’s, providing strong backing for lease obligations.

NAPA Auto Parts NNN Properties for Sale

Invest in NAPA Auto Parts triple net lease properties backed by Genuine Parts Company (NYSE: GPC). Founded in 1925, NAPA operates 6,000+ locations nationwide and is a trusted name in automotive parts distribution. These NNN investments offer 10-15 year lease terms with 5.50% – 6.50% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	A- (S&P) via Genuine Parts Company – Investment Grade
Parent Company	Genuine Parts Company (GPC)
Stock Ticker	GPC (NYSE)
Locations	6,000+
Founded	1925
Typical Lease Terms	10-15 years with options
Building Size	6,000-8,000 SF
Lot Size	0.5-1.0 acres
Cap Rate Range	5.50% – 6.50%
Price Range	$1.2M – $2.5M
Lease Structure	NNN and NN

Why Invest in NAPA Auto Parts NNN Properties?

Backed by investment-grade Genuine Parts Company (A- credit rating)
Nearly 100-year operating history with strong brand recognition
75% of sales to professional installers (DIFM segment)
Lower price point entry vs. AutoZone/O’Reilly—attractive for 1031 exchanges
High-traffic retail corridor locations
Both corporate and franchisee-backed leases available
Attractive lease escalations provide income growth

FAQ

Q: What is the typical cap rate for NAPA Auto Parts NNN properties?

A: NAPA Auto Parts NNN properties typically trade at 5.50% – 6.50% cap rates. Corporate-backed NAPA locations (Genuine Parts Company guarantee) trade at lower cap rates, while franchisee-backed locations may offer higher yields.

Q: How long are typical NAPA Auto Parts NNN leases?

A: NAPA typically offers 10-15 year initial lease terms with renewal options. Many NAPA leases are NN structures (landlord responsible for roof/structure) which feature higher base rents to compensate.

Q: What is NAPA Auto Parts’ credit rating?

A: NAPA is a division of Genuine Parts Company, which carries an A- credit rating from S&P—one of the strongest credit profiles in the auto parts sector.

Advance Auto Parts NNN Properties for Sale

Invest in Advance Auto Parts triple net lease properties. Advance Auto Parts, Inc. (NYSE: AAP) operates 4,700+ locations across the United States serving both DIY customers and professional installers. These NNN investments offer 10-15 year lease terms with 6.00% – 7.00% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	BB+ (S&P)
Parent Company	Advance Auto Parts, Inc.
Stock Ticker	AAP (NYSE)
Locations	4,700+
Annual Revenue	$11+ billion
Typical Lease Terms	10-15 years with options
Building Size	6,500-7,500 SF
Lot Size	0.75-1.25 acres
Cap Rate Range	6.00% – 7.00%
Price Range	$1.2M – $2.8M
Lease Structure	NNN

Why Invest in Advance Auto Parts NNN Properties?

Third-largest auto parts retailer in the United States
Publicly traded with corporate-guaranteed leases
Higher cap rates than investment-grade competitors
Dual DIY and professional customer focus
Extensive store network provides portfolio diversification options
Long-term leases with rent escalation provisions
E-commerce resistant essential service model

FAQ

Q: What is the typical cap rate for Advance Auto Parts NNN properties?

A: Advance Auto Parts NNN properties typically trade at 6.00% – 7.00% cap rates, offering higher yields than investment-grade auto parts retailers like AutoZone and O’Reilly.

Q: How long are typical Advance Auto Parts NNN leases?

A: Advance Auto Parts typically signs 10-15 year initial lease terms with multiple five-year renewal options. Rent escalations are commonly 1.5-2% annually or 10% every five years.

Q: What is Advance Auto Parts’ credit rating?

A: Advance Auto Parts carries a BB+ credit rating from S&P, which is below investment grade. This results in higher cap rates compared to investment-grade auto parts retailers but still provides solid credit backing.

Jiffy Lube NNN Properties for Sale

Invest in Jiffy Lube triple net lease properties backed by Shell Oil Company. Jiffy Lube has been leading the quick lube industry for over 40 years with 2,000+ locations serving 20 million customers annually. These NNN investments offer 10-20 year lease terms with 5.75% – 6.50% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Shell Oil Company backing (varies by franchisee)
Parent Company	Shell Oil Company (Pennzoil subsidiary)
Stock Ticker	Private (Shell parent: SHEL)
Locations	2,000+
Annual Revenue	$2.5+ billion (system-wide)
Typical Lease Terms	10-20 years with options
Building Size	1,800-2,500 SF
Lot Size	0.5-1.0 acres
Cap Rate Range	5.75% – 6.50%
Price Range	$1.2M – $2.5M
Lease Structure	Absolute NNN

Why Invest in Jiffy Lube NNN Properties?

Leading quick lube brand with 40+ year operating history
Parent company Shell Oil provides strong financial backing
Absolute NNN lease structure with zero landlord responsibilities
Strong annual rent escalations compound over lease term
Recession-resistant essential automotive service
E-commerce immune—oil changes must be performed in-person
Drive-thru service model optimizes customer throughput

FAQ

Q: What is the typical cap rate for Jiffy Lube NNN properties?

A: Jiffy Lube NNN properties typically trade at 5.75% – 6.50% cap rates. Corporate-backed locations command lower cap rates, while franchisee-backed leases may offer higher yields.

Q: How long are typical Jiffy Lube NNN leases?

A: Jiffy Lube offers 10-20 year initial lease terms with multiple five-year renewal options. Most leases feature annual rent escalations of 1.5-2%, creating significant NOI growth over the lease term through compounding.

Q: Is Jiffy Lube backed by a corporate guarantee?

A: Jiffy Lube locations are primarily franchised. Some leases carry corporate guarantees from Shell Oil/Pennzoil, while others are guaranteed by individual franchisees. Corporate-backed leases trade at premium pricing.

Valvoline Instant Oil Change NNN Properties for Sale

Invest in Valvoline Instant Oil Change triple net lease properties. Valvoline operates 1,900+ quick lube locations with a proven stay-in-your-car service model that delivers industry-leading customer satisfaction. These NNN investments offer 15-20 year lease terms with 5.50% – 6.25% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Private (formerly publicly traded)
Parent Company	Valvoline Inc. (acquired by Aramco 2023)
Stock Ticker	Private
Locations	1,900+
Service Model	Stay-in-your-car drive-thru
Typical Lease Terms	15-20 years with options
Building Size	1,800-2,400 SF
Lot Size	0.5-0.75 acres
Cap Rate Range	5.50% – 6.25%
Price Range	$1.5M – $3.0M
Lease Structure	Absolute NNN

Why Invest in Valvoline NNN Properties?

Industry-leading stay-in-your-car service model
Strong brand recognition with 150+ year heritage
Backed by Aramco following 2023 acquisition
Absolute NNN lease structure with zero landlord responsibilities
Long initial lease terms (15-20 years) provide stability
Aggressive expansion continues nationwide
Recession-resistant essential service

FAQ

Q: What is the typical cap rate for Valvoline NNN properties?

A: Valvoline NNN properties typically trade at 5.50% – 6.25% cap rates, reflecting strong brand positioning and long lease terms. New construction properties with 15-20 year leases often achieve sub-6% cap rates.

Q: How long are typical Valvoline NNN leases?

A: Valvoline typically signs 15-20 year initial lease terms with multiple five-year renewal options. Rent escalations are commonly 1.5-2% annually or 10% every five years.

Q: What is Valvoline’s ownership structure?

A: Valvoline was acquired by Saudi Aramco in 2023 for $2.65 billion. This acquisition provides strong financial backing for the company’s expansion and lease obligations.

Take 5 Oil Change NNN Properties for Sale

Invest in Take 5 Oil Change triple net lease properties backed by Driven Brands. Take 5 is one of the fastest-growing quick lube chains in America, operating 900+ locations with a customer-friendly drive-thru model. These NNN investments offer 15 year lease terms with 5.75% – 6.50% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Driven Brands backing
Parent Company	Driven Brands Holdings Inc.
Stock Ticker	DRVN (NASDAQ) – Parent
Locations	900+
Growth Trajectory	Aggressive expansion
Typical Lease Terms	15 years with options
Building Size	1,600-2,000 SF
Lot Size	0.4-0.6 acres
Cap Rate Range	5.75% – 6.50%
Price Range	$1.2M – $2.5M
Lease Structure	Absolute NNN

Why Invest in Take 5 Oil Change NNN Properties?

One of the fastest-growing quick lube concepts in America
Backed by Driven Brands, the largest automotive services company in North America
Absolute NNN lease structure eliminates landlord responsibilities
15-year lease terms provide long-duration income
Drive-thru only model optimizes operations
Stay-in-your-car service enhances customer experience
E-commerce immune essential service

FAQ

Q: What is the typical cap rate for Take 5 Oil Change NNN properties?

A: Take 5 Oil Change NNN properties typically trade at 5.75% – 6.50% cap rates. New construction properties with full 15-year lease terms and corporate backing achieve the lowest cap rates.

Q: How long are typical Take 5 Oil Change NNN leases?

A: Take 5 typically signs 15-year initial lease terms with multiple five-year renewal options. Rent escalations are commonly 10% every five years, providing built-in income growth.

Q: Who backs Take 5 Oil Change leases?

A: Take 5 is owned by Driven Brands Holdings Inc. (NASDAQ: DRVN), the largest automotive services company in North America. Corporate-guaranteed leases are available for many locations.

Firestone Complete Auto Care NNN Properties for Sale

Invest in Firestone Complete Auto Care triple net lease properties backed by Bridgestone Corporation—a global tire manufacturing leader with investment-grade credit. Firestone operates 1,700+ full-service automotive repair locations nationwide. These NNN investments offer 10-15 year lease terms with 5.00% – 5.75% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	A (S&P) via Bridgestone – Investment Grade
Parent Company	Bridgestone Corporation
Stock Ticker	Bridgestone (TSE: 5108)
Locations	1,700+
Service Offering	Full-service tire and automotive repair
Typical Lease Terms	10-15 years with options
Building Size	5,500-7,500 SF
Lot Size	0.75-1.5 acres
Cap Rate Range	5.00% – 5.75%
Price Range	$2.5M – $5.0M
Lease Structure	Absolute NNN

Why Invest in Firestone NNN Properties?

Investment-grade credit backing from Bridgestone Corporation (A rating)
Cornerstone holding in many institutional net lease portfolios
Full-service offering drives consistent customer traffic
National brand recognition with 100+ year history
Absolute NNN leases with structured rent escalations
Essential automotive services immune to e-commerce
Corporate guarantee on all leases

FAQ

Q: What is the typical cap rate for Firestone NNN properties?

A: Firestone NNN properties typically trade at 5.00% – 5.75% cap rates, among the lowest in the automotive sector due to Bridgestone’s investment-grade credit rating. Long remaining lease terms and prime locations achieve sub-5.5% yields.

Q: How long are typical Firestone NNN leases?

A: Firestone typically signs 10-15 year initial lease terms with multiple renewal options. Leases feature structured rent escalations to ensure income growth over the lease term.

Q: What is Firestone’s credit rating?

A: Firestone operates under Bridgestone Corporation, which carries an A credit rating from S&P. This investment-grade backing makes Firestone one of the strongest credit profiles in automotive NNN investing.

Goodyear NNN Properties for Sale

Invest in Goodyear tire store triple net lease properties. The Goodyear Tire & Rubber Company (NASDAQ: GT) operates 1,000+ retail locations offering tire sales and automotive services. These NNN investments offer 10-15 year lease terms with 6.50% – 7.50% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Ba2 (Moody’s) / BB (S&P)
Parent Company	The Goodyear Tire & Rubber Company
Stock Ticker	GT (NASDAQ)
Locations	1,000+ company-owned
Founded	1898
Typical Lease Terms	10-15 years with options
Building Size	4,500-6,500 SF
Lot Size	0.5-1.0 acres
Cap Rate Range	6.50% – 7.50%
Price Range	$1.5M – $3.5M
Lease Structure	NNN and NN

Why Invest in Goodyear NNN Properties?

Iconic American brand with 125+ year operating history
Publicly traded company with corporate-guaranteed leases
Higher cap rates reflect below-investment-grade credit
Global tire manufacturing leader with strong market position
Double net (NN) leases offer higher base rents
Essential automotive service immune to e-commerce
Diversification opportunity within automotive sector

FAQ

Q: What is the typical cap rate for Goodyear NNN properties?

A: Goodyear NNN properties typically trade at 6.50% – 7.50% cap rates, higher than investment-grade competitors due to Goodyear’s BB/Ba2 credit rating. Remaining lease term significantly impacts pricing.

Q: How long are typical Goodyear NNN leases?

A: Goodyear typically signs 10-15 year initial lease terms with five-year renewal options. Many Goodyear leases are double net (NN) structures where the landlord retains roof/structure responsibility.

Q: What is Goodyear’s credit rating?

A: Goodyear carries Ba2 (Moody’s) and BB (S&P) credit ratings, which are below investment grade. This results in higher cap rates compared to Bridgestone-backed Firestone properties.

Discount Tire NNN Properties for Sale

Invest in Discount Tire triple net lease properties backed by America’s largest independent tire retailer. Discount Tire operates 1,100+ locations across 35 states with a focus on tire sales and wheel services. These NNN investments offer 15-20 year lease terms with 5.75% – 6.50% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Private (strong financials)
Parent Company	Discount Tire Company
Stock Ticker	Private
Locations	1,100+
Market Position	Largest independent tire retailer in US
Typical Lease Terms	15-20 years with options
Building Size	7,000-8,500 SF
Lot Size	1.0-1.5 acres
Cap Rate Range	5.75% – 6.50%
Price Range	$2.0M – $4.0M
Lease Structure	Absolute NNN

Why Invest in Discount Tire NNN Properties?

America’s largest independent tire retailer
Family-owned with strong balance sheet
Long initial lease terms (15-20 years)
Absolute NNN structure eliminates landlord responsibilities
Strategic corner locations with high visibility
Specialized tire-only focus creates customer loyalty
Aggressive 10% rent increases every 5 years

FAQ

Q: What is the typical cap rate for Discount Tire NNN properties?

A: Discount Tire NNN properties typically trade at 5.75% – 6.50% cap rates. Despite being privately held, Discount Tire’s dominant market position and strong financials support competitive pricing.

Q: How long are typical Discount Tire NNN leases?

A: Discount Tire typically signs 15-20 year initial lease terms with multiple five-year renewal options. Rent escalations are commonly 10% every five years, providing strong income growth.

Q: Who owns Discount Tire?

A: Discount Tire is a privately held, family-owned company founded in 1960. The company has grown to become America’s largest independent tire retailer with a reputation for financial strength.

Mavis Discount Tire NNN Properties for Sale

Invest in Mavis Discount Tire triple net lease properties. Mavis has grown to become one of the largest tire retailers in the eastern United States with 2,000+ locations offering tire sales, auto repair, and oil change services. These NNN investments offer 10-15 year lease terms with 6.00% – 7.00% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Private (PE Backed)
Parent Company	Mavis Tire Express Services Corp.
Stock Ticker	Private
Locations	2,000+
Geographic Focus	Eastern United States
Typical Lease Terms	10-15 years with options
Building Size	5,500-7,000 SF
Lot Size	0.75-1.25 acres
Cap Rate Range	6.00% – 7.00%
Price Range	$1.5M – $3.5M
Lease Structure	NNN

Why Invest in Mavis Discount Tire NNN Properties?

One of the largest tire retailers in the eastern US
Aggressive acquisition-driven growth strategy
Private equity backing provides financial strength
Full-service tire and automotive offering
Long-term leases with rent escalation provisions
Essential automotive services immune to e-commerce
Higher cap rates than investment-grade alternatives

FAQ

Q: What is the typical cap rate for Mavis Discount Tire NNN properties?

A: Mavis Discount Tire NNN properties typically trade at 6.00% – 7.00% cap rates, offering higher yields than investment-grade tire center tenants.

Q: How long are typical Mavis Discount Tire NNN leases?

A: Mavis typically signs 10-15 year initial lease terms with renewal options. Rent escalations are commonly structured every five years.

Q: What is Mavis Discount Tire’s ownership structure?

A: Mavis is privately held with private equity backing. The company has grown aggressively through acquisitions, including the 2022 acquisition of National Tire & Battery (NTB) and Tire Kingdom locations.

Caliber Collision NNN Properties for Sale

Invest in Caliber Collision triple net lease properties backed by America’s largest collision repair company. Caliber Collision operates 1,800+ locations across 41 states with corporate guarantees and industry-leading customer satisfaction. These NNN investments offer 15 year lease terms with 5.50% – 6.50% cap rates and 10% rent increases every 5 years.

Investment Characteristics

Characteristic	Details
Credit Rating	Private (PE Backed – Hellman & Friedman)
Parent Company	Caliber Collision Centers
Stock Ticker	Private
Locations	1,800+
Market Position	Largest collision repair company in US
Annual Revenue	$4+ billion
Typical Lease Terms	15 years with options
Building Size	12,000-25,000 SF
Lot Size	1.0-2.5 acres
Cap Rate Range	5.50% – 6.50%
Price Range	$3.0M – $7.0M
Lease Structure	Absolute NNN

Why Invest in Caliber Collision NNN Properties?

America’s largest collision repair company with dominant market position
Corporate guarantee from well-capitalized private equity-backed parent
Recession-resistant service driven by insurance claims
Absolute NNN lease structure with zero landlord responsibilities
10% rent increases every 5 years provide strong income growth
15-year initial lease terms offer long-duration income
Essential service immune to e-commerce disruption
High barriers to entry for collision repair facilities

FAQ

Q: What is the typical cap rate for Caliber Collision NNN properties?

A: Caliber Collision NNN properties typically trade at 5.50% – 6.50% cap rates. New construction properties with full 15-year lease terms and corporate guarantees achieve the most competitive pricing.

Q: How long are typical Caliber Collision NNN leases?

A: Caliber Collision typically signs 15-year initial lease terms with multiple five-year renewal options. A key feature is the 10% rent increase every five years throughout the primary term and options.

Q: Is Caliber Collision backed by a corporate guarantee?

A: Yes, Caliber Collision leases are typically backed by a corporate guarantee from the parent company. Caliber is backed by Hellman & Friedman, a leading private equity firm, providing strong financial support.

Meineke NNN Properties for Sale

Invest in Meineke Car Care Centers triple net lease properties backed by Driven Brands. Meineke has been providing automotive maintenance and repair services for over 50 years with 900+ locations nationwide. These NNN investments offer 10-15 year lease terms with 6.25% – 7.25% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Driven Brands backing / Franchisee
Parent Company	Driven Brands Holdings Inc.
Stock Ticker	DRVN (NASDAQ) – Parent
Locations	900+
Founded	1972
Typical Lease Terms	10-15 years with options
Building Size	3,500-5,000 SF
Lot Size	0.5-1.0 acres
Cap Rate Range	6.25% – 7.25%
Price Range	$1.0M – $2.5M
Lease Structure	NNN

Why Invest in Meineke NNN Properties?

Over 50 years of brand recognition
Part of Driven Brands, North America’s largest automotive services company
Full-service auto repair and maintenance offering
Long-term leases with rent escalation provisions
Franchise model with strong operator support
Essential automotive services immune to e-commerce
Higher cap rates provide attractive yield opportunity

FAQ

Q: What is the typical cap rate for Meineke NNN properties?

A: Meineke NNN properties typically trade at 6.25% – 7.25% cap rates. Franchisee-backed leases typically trade at the higher end of this range.

Q: How long are typical Meineke NNN leases?

A: Meineke typically offers 10-15 year initial lease terms with renewal options. Rent escalations vary by location.

Q: Who backs Meineke leases?

A: Meineke locations are franchise-operated. Leases may be backed by individual franchisees or may have corporate support from parent company Driven Brands.

Pep Boys NNN Properties for Sale

Invest in Pep Boys triple net lease properties backed by Icahn Enterprises. Pep Boys has been “The Boys” for over 100 years, operating 900+ auto parts stores and service centers. These NNN investments offer 10-15 year lease terms with 6.50% – 7.50% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Private (Icahn Enterprises)
Parent Company	Icahn Enterprises
Stock Ticker	Private (IEP – Parent)
Locations	900+
Founded	1921
Typical Lease Terms	10-15 years with options
Building Size	7,000-10,000 SF
Lot Size	0.75-1.5 acres
Cap Rate Range	6.50% – 7.50%
Price Range	$1.5M – $3.5M
Lease Structure	NNN

Why Invest in Pep Boys NNN Properties?

Over 100 years of brand recognition
Backed by Icahn Enterprises
Dual retail and service center model
Higher cap rates than investment-grade auto parts retailers
Long-term leases with rent escalation provisions
Essential automotive services immune to e-commerce
Larger format buildings offer diversification

FAQ

Q: What is the typical cap rate for Pep Boys NNN properties?

A: Pep Boys NNN properties typically trade at 6.50% – 7.50% cap rates, offering higher yields than investment-grade competitors.

Q: How long are typical Pep Boys NNN leases?

A: Pep Boys typically signs 10-15 year initial lease terms with multiple five-year renewal options.

Q: Who owns Pep Boys?

A: Pep Boys is owned by Icahn Enterprises, the diversified holding company controlled by investor Carl Icahn.

Christian Brothers Automotive NNN Properties for Sale

Invest in Christian Brothers Automotive triple net lease properties. Christian Brothers has earned a reputation for honest, transparent automotive repair with 280+ locations nationwide and industry-leading customer satisfaction. These NNN investments offer 10-15 year lease terms with 6.00% – 7.00% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Franchisee (strong operators)
Parent Company	Christian Brothers Automotive
Stock Ticker	Private
Locations	280+
Founded	1982
Typical Lease Terms	10-15 years with options
Building Size	6,000-7,500 SF
Lot Size	0.75-1.25 acres
Cap Rate Range	6.00% – 7.00%
Price Range	$2.0M – $4.0M
Lease Structure	NNN

Why Invest in Christian Brothers Automotive NNN Properties?

Industry-leading customer satisfaction ratings
Premium positioning attracts quality franchisees
Values-based business model creates customer loyalty
Typically newer construction with modern facilities
Long-term leases with rent escalation provisions
Essential automotive services immune to e-commerce
Strong franchisee unit economics

FAQ

Q: What is the typical cap rate for Christian Brothers Automotive NNN properties?

A: Christian Brothers Automotive NNN properties typically trade at 6.00% – 7.00% cap rates. Newer construction with long remaining lease terms achieves the most competitive pricing.

Q: How long are typical Christian Brothers Automotive NNN leases?

A: Christian Brothers typically offers 10-15 year initial lease terms with renewal options.

Q: Are Christian Brothers locations franchised?

A: Yes, all Christian Brothers locations are franchised. Leases are typically backed by the individual franchisee operator, though franchise system requirements ensure financially qualified operators.

Monro Auto Service NNN Properties for Sale

Invest in Monro Auto Service triple net lease properties. Monro, Inc. (NASDAQ: MNRO) operates 1,300+ automotive service locations under multiple brand names including Monro, Mr. Tire, and Tire Choice. These NNN investments offer 10-15 year lease terms with 6.50% – 7.50% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Not Rated (publicly traded)
Parent Company	Monro, Inc.
Stock Ticker	MNRO (NASDAQ)
Locations	1,300+
Brands	Monro, Mr. Tire, Tire Choice
Typical Lease Terms	10-15 years with options
Building Size	4,000-6,000 SF
Lot Size	0.5-1.0 acres
Cap Rate Range	6.50% – 7.50%
Price Range	$1.2M – $2.5M
Lease Structure	NNN

Why Invest in Monro Auto Service NNN Properties?

Publicly traded company provides transparency
Multiple brands under one corporate umbrella
Aggressive acquisition-driven growth strategy
Higher cap rates than investment-grade competitors
Long-term leases with rent escalation provisions
Essential automotive services immune to e-commerce
Corporate-guaranteed leases available

FAQ

Q: What is the typical cap rate for Monro Auto Service NNN properties?

A: Monro Auto Service NNN properties typically trade at 6.50% – 7.50% cap rates.

Q: How long are typical Monro Auto Service NNN leases?

A: Monro typically signs 10-15 year initial lease terms with renewal options.

Q: What brands does Monro operate?

A: Monro operates multiple brands including Monro Auto Service & Tire Centers, Mr. Tire, Tire Choice Auto Service Centers, and several regional brands.

Maaco NNN Properties for Sale

Invest in Maaco auto body and paint triple net lease properties backed by Driven Brands. Maaco is America’s body shop with 450+ locations offering collision repair, auto painting, and cosmetic repair services. These NNN investments offer 10-15 year lease terms with 6.50% – 7.50% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	Driven Brands backing / Franchisee
Parent Company	Driven Brands Holdings Inc.
Stock Ticker	DRVN (NASDAQ) – Parent
Locations	450+
Founded	1972
Typical Lease Terms	10-15 years with options
Building Size	6,000-10,000 SF
Lot Size	0.75-1.5 acres
Cap Rate Range	6.50% – 7.50%
Price Range	$1.2M – $2.5M
Lease Structure	NNN

Why Invest in Maaco NNN Properties?

Part of Driven Brands, North America’s largest automotive services company
50+ years of brand recognition
Collision repair and paint services in one location
Recession-resistant insurance-driven demand
Long-term leases with rent escalation provisions
Higher cap rates provide attractive yield opportunity
Essential automotive services immune to e-commerce

FAQ

Q: What is the typical cap rate for Maaco NNN properties?

A: Maaco NNN properties typically trade at 6.50% – 7.50% cap rates. Franchisee-backed leases typically trade at the higher end of this range.

Q: How long are typical Maaco NNN leases?

A: Maaco typically offers 10-15 year initial lease terms with renewal options.

Q: Who backs Maaco leases?

A: Maaco locations are franchise-operated under Driven Brands. Leases may be backed by individual franchisees or have support from the parent company.

Midas NNN Properties for Sale

Invest in Midas auto service triple net lease properties. Midas has been “The Midas Touch” for over 65 years, operating 1,100+ locations offering brakes, tires, exhaust, and full-service automotive repair. These NNN investments offer 10-15 year lease terms with 6.25% – 7.25% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	TBC Corporation backing
Parent Company	TBC Corporation
Stock Ticker	Private
Locations	1,100+
Founded	1956
Typical Lease Terms	10-15 years with options
Building Size	4,000-5,500 SF
Lot Size	0.5-1.0 acres
Cap Rate Range	6.25% – 7.25%
Price Range	$1.0M – $2.5M
Lease Structure	NNN

Why Invest in Midas NNN Properties?

65+ years of brand recognition
Part of TBC Corporation tire and service portfolio
Full-service automotive repair offering
Long-term leases with rent escalation provisions
Essential automotive services immune to e-commerce
Mix of corporate and franchise locations

FAQ

Q: What is the typical cap rate for Midas NNN properties?

A: Midas NNN properties typically trade at 6.25% – 7.25% cap rates.

Q: How long are typical Midas NNN leases?

A: Midas typically offers 10-15 year initial lease terms with renewal options.

Q: Who owns Midas?

A: Midas is owned by TBC Corporation, which also owns NTB (National Tire & Battery) and Big O Tires.

Big O Tires NNN Properties for Sale

Invest in Big O Tires triple net lease properties backed by TBC Corporation. Big O Tires operates 460+ locations in the western United States offering tire sales and automotive services. These NNN investments offer 10-15 year lease terms with 6.00% – 7.00% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	TBC Corporation backing
Parent Company	TBC Corporation
Stock Ticker	Private
Locations	460+
Geographic Focus	Western United States
Typical Lease Terms	10-15 years with options
Building Size	6,000-7,500 SF
Lot Size	0.75-1.25 acres
Cap Rate Range	6.00% – 7.00%
Price Range	$1.5M – $3.0M
Lease Structure	NNN

Why Invest in Big O Tires NNN Properties?

Strong regional brand in western markets
Part of TBC Corporation portfolio
Full-service tire and automotive offering
Franchise model with strong operators
Long-term leases with rent escalation provisions
Essential automotive services immune to e-commerce

FAQ

Q: What is the typical cap rate for Big O Tires NNN properties?

A: Big O Tires NNN properties typically trade at 6.00% – 7.00% cap rates.

Q: How long are typical Big O Tires NNN leases?

A: Big O Tires typically offers 10-15 year initial lease terms with renewal options.

Q: Where is Big O Tires located?

A: Big O Tires is primarily located in the western United States, with a strong presence in states like Arizona, California, Colorado, and Utah.

NTB (National Tire & Battery) NNN Properties for Sale

Invest in NTB (National Tire & Battery) triple net lease properties backed by TBC Corporation. NTB operates 600+ locations offering tire sales, batteries, and automotive services. These NNN investments offer 10-15 year lease terms with 6.25% – 7.25% cap rates.

Investment Characteristics

Characteristic	Details
Credit Rating	TBC Corporation backing
Parent Company	TBC Corporation
Stock Ticker	Private
Locations	600+
Service Offering	Tires, batteries, auto service
Typical Lease Terms	10-15 years with options
Building Size	6,500-8,000 SF
Lot Size	0.75-1.25 acres
Cap Rate Range	6.25% – 7.25%
Price Range	$1.5M – $3.0M
Lease Structure	NNN

Why Invest in NTB NNN Properties?

Part of TBC Corporation tire and service portfolio
Full-service tire, battery, and automotive offering
Long-term leases with rent escalation provisions
Corporate backing from TBC Corporation
Essential automotive services immune to e-commerce
Multiple service bays support strong revenue

FAQ

Q: What is the typical cap rate for NTB NNN properties?

A: NTB NNN properties typically trade at 6.25% – 7.25% cap rates.

Q: How long are typical NTB NNN leases?

A: NTB typically offers 10-15 year initial lease terms with renewal options.

Q: Who owns NTB?

A: NTB is owned by TBC Corporation, which also owns Midas and Big O Tires.