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Auto Parts

Mavis Tires & Brakes

15209 Garnet Trl, Bradenton, FL 34211

Listing Price: $5,550,000

Cap Rate
4.43%
Tenant Name
Mavis Tires & Brakes
Years Remaining On Lease
19.3
Gross SF
8,820
Guarantor
Corporate Guarantee
Rentable SF
8,820
Price/Gross SF
$629.25
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.89

Investment Overview

Marcus & Millichap is pleased to present for sale Mavis Tires & Brakes in Bradenton, Florida. Mavis Tires & Brakes is one of the largest independent multi-brand tire dealers in the United States with over 850 locations in the United States. At this Bradenton, Florida location, customers are in immediate proximity to a newly constructed Publix-anchored center, the Premier Sports Campus, Lakewood Ranch Golf & Country Club, Lakewood Ranch Medical Center, Interstate-75, and the Sarasota-Bradenton International Airport.

Combining the best of the Sarasota-Bradenton MSA and it’s four million annual visitors, with the strength of the Mavis Tires & Brakes brand, this location is positioned for success.

Investment Highlights

  • Corporate Guaranteed Newly Constructed Location
  • Approximately Over 19 Years Remaining on Triple-Net (NNN) Lease
  • 5 Percent Rental Increases Every Five Years Throughout the Lease Term and in Option Periods
  • Located Off State Road 70 with More than 34,500 Cars per Day
  • Rapid Economic and Population Growth: Over 20 Percent - 30 Percent Projected in Next Five Years
  • Over 333,000 Residents Within 10-Mile Radius
  • Large Lot - 1.38 Acres
  • Part of the Lakewood Ranch Community, Home to Over 30,000 Residents, and Bringing Over 14,000 Jobs to the Area

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 Tires & Brakes

Listing Price: $5,550,000

Cap Rate
4.43%
Tenant Name
Mavis Tires & Brakes
Years Remaining On Lease
19.3
Gross SF
8,820
Guarantor
Corporate Guarantee
Rentable SF
8,820
Price/Gross SF
$629.25
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.89

Investment Highlights

  • Corporate Guaranteed Newly Constructed Location
  • Approximately Over 19 Years Remaining on Triple-Net (NNN) Lease
  • 5 Percent Rental Increases Every Five Years Throughout the Lease Term and in Option Periods
  • Located Off State Road 70 with More than 34,500 Cars per Day
  • Rapid Economic and Population Growth: Over 20 Percent - 30 Percent Projected in Next Five Years
  • Over 333,000 Residents Within 10-Mile Radius
  • Large Lot - 1.38 Acres
  • Part of the Lakewood Ranch Community, Home to Over 30,000 Residents, and Bringing Over 14,000 Jobs to the Area

Investment Overview

Marcus & Millichap is pleased to present for sale Mavis Tires & Brakes in Bradenton, Florida. Mavis Tires & Brakes is one of the largest independent multi-brand tire dealers in the United States with over 850 locations in the United States. At this Bradenton, Florida location, customers are in immediate proximity to a newly constructed Publix-anchored center, the Premier Sports Campus, Lakewood Ranch Golf & Country Club, Lakewood Ranch Medical Center, Interstate-75, and the Sarasota-Bradenton International Airport. Combining the best of the Sarasota-Bradenton MSA and it’s four million annual visitors, with the strength of the Mavis Tires & Brakes brand, this location is positioned for success.

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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