Auto Service - Gas-Conv
Tire Kingdom
3398 N 34th Street, St. Petersburg, FL 33713
Listing Price: $2,560,000
Investment Overview
Marcus & Millichap is pleased to present this Tire Kingdom is located at 7602 West Hillsborough Avenue in Tampa, Florida. The subject property is a 5,904-square foot, single-tenant retail building on approximately 27,675 square feet of land. Tire Kingdom has been operating at this location since 1989. The market area experiences an average household income of over $62,000 and a traf?c count of 57,000 vehicles per day. Tire Kingdom's lease is a corporate guarantee from TBC Corporation. The TBC Retail Group includes National Tire & Battery (NTB), Merchant's Tire and Auto Centers, and Big O Tire stores. Together, there are more than 1,200 locations in 41 states, plus Washington DC, Alberta and British Columbia, Canada. TBC Corporation has been in business since 1956 and is the nation's largest independent marketer of automotive replacement tires.
Exclusively Listed By
Broker of Record
Listing Price: $2,560,000
Investment Highlights
- Absolute Triple-Net Lease
- Zero Landlord Responsibilities
- Corporate Guarantee from TBC Corporation (NASDAQ:TBCC) Parent : Sumitomo (SCOA) & Michelin
- Heavy Traffic by Over 40,000 Average Vehicles per Day
- Long Term Remaining Lease (9 Year / Recently Renewed)
Investment Overview
Marcus & Millichap is pleased to present this Tire Kingdom is located at 7602 West Hillsborough Avenue in Tampa, Florida. The subject property is a 5,904-square foot, single-tenant retail building on approximately 27,675 square feet of land. Tire Kingdom has been operating at this location since 1989. The market area experiences an average household income of over $62,000 and a traf?c count of 57,000 vehicles per day. Tire Kingdom's lease is a corporate guarantee from TBC Corporation. The TBC Retail Group includes National Tire & Battery (NTB), Merchant's Tire and Auto Centers, and Big O Tire stores. Together, there are more than 1,200 locations in 41 states, plus Washington DC, Alberta and British Columbia, Canada. TBC Corporation has been in business since 1956 and is the nation's largest independent marketer of automotive replacement tires.
Exclusively Listed By
Broker of Record
