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Auto Parts

Mavis Discount Tire

13969 Landstar Blvd, Orlando, FL 32824

Listing Price: $3,300,000

Cap Rate
5.00%
Tenant Name
Mavis Southeast LLC
Years Remaining On Lease
14.9
Gross SF
6,800
Guarantor
Corporate Guarantee
Rentable SF
6,800
Price/Gross SF
$485.29
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.26

Investment Overview

Marcus & Millichap is pleased to present for sale Mavis Discount Tire in Orlando, Florida. Mavis Discount Tire is one of the largest independent automotive platforms in the United States, all while maintaining the company’s deep-rooted commitment to integrity, trust, and high-quality customer service. Known as the “Theme Park Capital of the World,” Orlando has a thriving tourism industry, making it one of the fastest-growing and most-visited cities in the world. As one of the nation’s top tourist destinations, the Orlando metro drew more than 100 million visitors in 2022.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • Eight Percent Rental Increases Every Five Years Throughout the Initial Lease Term
  • New High-Quality 2023 Construction
  • Signalized Hard Corner Location with Excellent Visibility and Accessibility Along Landstar Boulevard (Over 27,500 Cars per Day)
  • 208,779 Residents within a Five-Mile Radius - Dense Orlando Infill
  • Rapidly Growing Trade Area - Households and Population Projected to Increase More Than 17 Percent in the Immediate Area Over the Next Five Years
  • Adjacent to More Than 200 Townhomes at Arbors at Meadow Woods by Meritage Homes
  • Dense Retail Corridor Anchored by Walmart Neighborhood Market and Publix Super Market - Other Nearby Tenants Include Starbucks, Walgreens, CVS, and Wendy's

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Auto Parts

Mavis Discount Tire

Listing Price: $3,300,000

Cap Rate
5.00%
Tenant Name
Mavis Southeast LLC
Years Remaining On Lease
14.9
Gross SF
6,800
Guarantor
Corporate Guarantee
Rentable SF
6,800
Price/Gross SF
$485.29
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.26

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • Eight Percent Rental Increases Every Five Years Throughout the Initial Lease Term
  • New High-Quality 2023 Construction
  • Signalized Hard Corner Location with Excellent Visibility and Accessibility Along Landstar Boulevard (Over 27,500 Cars per Day)
  • 208,779 Residents within a Five-Mile Radius - Dense Orlando Infill
  • Rapidly Growing Trade Area - Households and Population Projected to Increase More Than 17 Percent in the Immediate Area Over the Next Five Years
  • Adjacent to More Than 200 Townhomes at Arbors at Meadow Woods by Meritage Homes
  • Dense Retail Corridor Anchored by Walmart Neighborhood Market and Publix Super Market - Other Nearby Tenants Include Starbucks, Walgreens, CVS, and Wendy's

Investment Overview

Marcus & Millichap is pleased to present for sale Mavis Discount Tire in Orlando, Florida. Mavis Discount Tire is one of the largest independent automotive platforms in the United States, all while maintaining the company’s deep-rooted commitment to integrity, trust, and high-quality customer service. Known as the “Theme Park Capital of the World,” Orlando has a thriving tourism industry, making it one of the fastest-growing and most-visited cities in the world. As one of the nation’s top tourist destinations, the Orlando metro drew more than 100 million visitors in 2022.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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