Trophy Quality STNL Mavis Tire | 5080 Highland Shoppes Dr

Pegasus Investments Real Estate Advisory Inc., in partnership with ParaSell, Inc., as exclusive advisors to the seller, are pleased to present a rare opportunity to acquire a high-performing, net-leased Mavis Tires & Brakes property located in one of Charlotte’s fastest-growing residential and retail corridors (the “Property”). Secured by an absolute triple net (NNN) lease to Griffin Brothers Auto, operating as Mavis Tires & Brakes, the investment offers zero landlord responsibilities, predictable long-term income, and built-in rent growth with 10% increases every five years through the base term and renewal options. The tenant has successfully operated at the site for nearly a decade and has over 10 years remaining on the current lease. The Property spans 1.02 acres and includes a well-maintained 10,521-square-foot facility, representing a stable, low-maintenance investment with durable cash flow.

Griffin Brothers Auto, a division of the Charlotte-based Griffin Brothers Companies, was acquired by Express Oil Change, one of the nation’s largest automotive service operators with more than 390 locations across 19 states. The lease carries a corporate guaranty from Express Oil Change, part of the Mavis Tires & Brakes family, which includes nationally recognized service brands such as Brakes Plus, Town Fair Tire, and Tuffy Tire. Backed by private equity and deep industry expertise, Mavis stands as a dominant player in the e-commerce-resistant automotive services sector.

Strategically positioned along Highland Shoppes Drive, just off Prosperity Church Road and visible from I-485, the Property benefits from strong demographics and dense residential growth, with over 65,000 residents and average household incomes exceeding $113,000 within a 3-mile radius. It is surrounded by national retailers such as Bojangles, IHOP, Harris Teeter, Publix, and ALDI, and lies adjacent to nearly 1,000 multifamily units within a quarter mile. The area continues to experience rapid residential development through projects like Highland Creek, Cardinal Point, and Prosperity Crossing, driving long-term demand for neighborhood retail and service tenants.

Located in Charlotte, North Carolina—the 3rd fastest-growing major city in the U.S. and consistently ranked among the nation’s top markets for business and quality of life—this asset offers investors a prime opportunity to secure stable, institutional-quality income in a market defined by strong population growth, economic diversity, and sustained real estate momentum.