Auto Parts
Tire Kingdom - Long Term NNN Lease - Rare 3% Annual Increases
805 FL-434, Longwood, FL 32750
Listing Price: $3,500,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to invest in a prime commercial property located at 805 FL-434, Longwood, FL, occupied by a national tenant under a long-term lease. The property is tenanted by Tire Kingdom, a leading automotive services provider with a long-standing reputation for excellence. The Tire Kingdom brand is owned and operated by Mavis Tire Express Services Corp, a national tire retailer with more than 2,000 locations. The subject property is on a 26,136 square foot site and features a fully equipped automotive service center.
Investors have the rare chance to acquire a strategically located property in the thriving market of Longwood, Florida. This attractive property lies on FL- 434, a heavily trafficked corridor with over 41,000 vehicles passing by daily. With its prime positioning and high visibility, it offers a strong potential for continued customer inflow.
Longwood is part of the Orlando–Kissimmee–Sanford metropolitan area and stands as an appealing and growing suburban city. Longwood is located approximately 11 miles north of downtown Orlando and enjoys easy access to major highways and transport networks. With the expanding residential and commercial markets of the region, Longwood presents a compelling destination for real estate investments.
This unique investment opportunity combines a prime location in a thriving Florida market, and a strong tenant in Tire Kingdom under a long-term NNN lease with rare annual rent increases.
Tire Kingdom - Long Term NNN Lease - Rare 3% Annual Increases
Investment Highlights
- Absolute Triple Net Lease W/ 13.5 Years Remaining
- Rare 3% Scheduled Annual Rent Increases – Hedge Against Inflation
- Adjacent To South Seminole Hospital – 206 Bed Medical Facility
- Major Metro Area – Longwood Is Part Of The Orlando – Kissimmee – Sanford Metropolitan Area
- Dense Infill Location – 72,000+ People In 3 Mile Radius
- Located In Market's Primary Retail Corridor
- Frontage On FL-434 – 41,000+ Vehicles Per Day
- Affluent Surrounding Neighborhood – $91,400 Average Household Income Within A 3 Mile Radius
Exclusively Listed By
Financing By
Auto Parts
Tire Kingdom - Long Term NNN Lease - Rare 3% Annual Increases
Listing Price: $3,500,000
Investment Highlights
- Absolute Triple Net Lease W/ 13.5 Years Remaining
- Rare 3% Scheduled Annual Rent Increases – Hedge Against Inflation
- Adjacent To South Seminole Hospital – 206 Bed Medical Facility
- Major Metro Area – Longwood Is Part Of The Orlando – Kissimmee – Sanford Metropolitan Area
- Dense Infill Location – 72,000+ People In 3 Mile Radius
- Located In Market's Primary Retail Corridor
- Frontage On FL-434 – 41,000+ Vehicles Per Day
- Affluent Surrounding Neighborhood – $91,400 Average Household Income Within A 3 Mile Radius
Investment Overview
Marcus & Millichap is pleased to present the opportunity to invest in a prime commercial property located at 805 FL-434, Longwood, FL, occupied by a national tenant under a long-term lease. The property is tenanted by Tire Kingdom, a leading automotive services provider with a long-standing reputation for excellence. The Tire Kingdom brand is owned and operated by Mavis Tire Express Services Corp, a national tire retailer with more than 2,000 locations. The subject property is on a 26,136 square foot site and features a fully equipped automotive service center. Investors have the rare chance to acquire a strategically located property in the thriving market of Longwood, Florida. This attractive property lies on FL- 434, a heavily trafficked corridor with over 41,000 vehicles passing by daily. With its prime positioning and high visibility, it offers a strong potential for continued customer inflow. Longwood is part of the Orlando–Kissimmee–Sanford metropolitan area and stands as an appealing and growing suburban city. Longwood is located approximately 11 miles north of downtown Orlando and enjoys easy access to major highways and transport networks. With the expanding residential and commercial markets of the region, Longwood presents a compelling destination for real estate investments. This unique investment opportunity combines a prime location in a thriving Florida market, and a strong tenant in Tire Kingdom under a long-term NNN lease with rare annual rent increases.
Exclusively Listed By
Financing By
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