Investment Overview

Marcus & Millichap is pleased to present for sale this Tire Kingdom located at 19850 Northwest 27th in Miami Gardens Florida (Population 111,640) and a suburb of Miami located 16 miles north of downtown Miami. It is a principal city in the Miami Metropolitan Area with a population of 6.158 million People. It is home to Hard Rock Stadium which is home field for both the Miami Dolphins and the Miami Hurricanes. This Tire Kingdom Property is located across the street from Super Walmart and hard Rock Stadium and the Average Traffic Count is over 56,000 cars each day. Numerous apartment complexes surround this Tire Kingdom including The Pomelo Apartments, Oak Enclave, Villa De Mallorca Apartments, Vista Lago, Heron Pointe, Legacy Lake Vista and Legacy Palm Gardens. Brand new home developments in the area include Mattamy Homes-Sienna, Kingfisher Reserve by CC Homes (40 Homesites) and Lennar at Dania Preserve (67 Homes). Colleges and universities in the area include Florida Memorial University (1,339 Enrolled Students) Larkin University (116 Enrolled Students) Advanced Science College, Broward College (30,057 Enrolled Students) and Southeastern College (1,000 Enrolled Students). Shopping Centers nearby include Gardens Promenade, Miami Gardens Shopping Plaza, Las Villas Shopping Center and Miramar Towne Center. Tire Kingdom is a subsidiary of TBC Corporation and is now part of the Mavis Tire Family. TBC Corporation headquartered in Juno Beach, Florida and Tire Kingdom operates over 730 company owned stores under the Tire Kingdom, National Tire & Battery (NTB) and Merchant’s Tire and Auto Centers. Services include oil changes, tire service, battery replacement, wiper blades and inspections. Tire Kingdom US Revenue in 2021 was $500 Million with 6,200 employees.