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Auto Parts

Mavis Tires & Brakes

15209 Garnet Trl, Bradenton, FL 34211

Listing Price: $5,020,400

Cap Rate
4.90%
Tenant Name
Mavis Tires & Brakes
Years Remaining On Lease
18.6
Guarantor
Corporate Guarantee
Rentable SF
8,820
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.89

Investment Overview

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. There are over
19 years remaining on the current lease term, and rental increases on multiple renewal option
periods through 2052, with population projected to increase substantially, between 20 and 30
percent within five miles over the next five years.

Investment Highlights

  • Corporate Guaranteed Newly Constructed Location
  • Approximately 19+ Years Remaining on Triple-Net (NNN) Lease
  • Rapid Economic and Population Growth: Over 20% - 30% Projected In Next 5 Years

Exclusively Listed By

Financing By

Auto Parts

Mavis Tires & Brakes

Listing Price: $5,020,400

Cap Rate
4.90%
Tenant Name
Mavis Tires & Brakes
Years Remaining On Lease
18.6
Guarantor
Corporate Guarantee
Rentable SF
8,820
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.89

Investment Highlights

  • Corporate Guaranteed Newly Constructed Location
  • Approximately 19+ Years Remaining on Triple-Net (NNN) Lease
  • Rapid Economic and Population Growth: Over 20% - 30% Projected In Next 5 Years

Investment Overview

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. There are over 19 years remaining on the current lease term, and rental increases on multiple renewal option periods through 2052, with population projected to increase substantially, between 20 and 30 percent within five miles over the next five years.

Exclusively Listed By

Financing By

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