National Tire and Battery

Average Sale and Lease Details

Price Range 12mo avg: $2.4M – $3.5M
$/sf 12mo avg: $337
CAP Rate 12mo avg: 6.22%
NOI average: $175,928
Lease Terms: 20yrs
Typical Lease Type: NNN
Building Size avg: 9,541 SF
Lot Size avg: 1.20+/- acres

About National Tire and Battery

National Tire and Battery®, was acquired by TBC Corporation in 2003 from Sears, Roebuck & Company. NTB Tire and Service Centers provides a broad range of automotive maintenance and tire services in more than 400 retail locations.

TBC Corporation is one of the nation’s largest vertically integrated marketer of tires for the automotive replacement market. The Company’s retail operations include Company-operated tire and automotive service centers under the ” Tire Kingdom”, “Merchant’s Tire & Auto Centers”, and “National Tire & Battery” brands, and franchised stores under the “Big O Tires” brand. TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers throughout the United States, Canada, and Mexico.

TBC Brands represents thirteen powerful tire brands including Multi-Mile, Eldorado, Sumitomo, Harvest King, Power King, and Towmax, and specializes in passenger, commercial, farm, and specialty tires. TBC Brands’ tires are manufactured to exacting manufacturing standards and offer consumers superior value vs. the comparable brand name competition. Independent tire dealers consistently rate TBC Brands high in Product Availability, Line Coverage, Delivery, Product Innovation, and Best Overall Brand.


 

National Tire and Battery Financial Highlights

S&P Credit Rating: Privately Held Company
Moody’s Credit Rating: Privately Held Company
Annual Revenue : Privately Held Company
Annual Revenue : Privately Held Company
Revenue Growth: Privately Held Company
Net Income Privately Held Company$B
Units (Jan. 2015) 1,200
Average Units Volume: Privately Held Company$K

Recent Closings for National Tire and Battery and Similar Tenants

National Tire and Battery Rep Photo

National Tire and Battery

Chattanooga, TN