$4,920,000 USD
646-921-9713
15209 Garnet Trail
Bradenton, FL 34211
Lakewood Ranch
HIGHLIGHTS
- Long-Term Absolute NNN Lease – 16+ Years Remaining – Initial term extends through December 2042, offering stable, predictable long-term cash flow.
- Structured Rent Increases – Attractive 5% rental escalations every five years throughout the base term and option periods, providing built-in income
- Strong National Operator – Mavis Tires & Brakes operates 3,500+ locations across 21 states and generates approximately $1.79 billion in annual revenue
- New 2022 Construction – Modern ±8,820-square-foot auto service facility situated on a ±1.38-acre parcel, designed to meet current operational standard
- High-Traffic Corridor Location – Strategically positioned along State Route 70 (±15,100 VPD) with immediate access to Interstate 75 (±133,000 VPD)
- Explosive Population Growth – The surrounding five-mile radius is projected to experience 20–30% population growth over the next five years
FOR SALE DETAILS
PRICE
$4,920,000 USD
PRICE/SF
$490 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mavis Tires & Brakes
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.38 AC
LAND SF
59,921 SF
ZONING
C
APN/PARCEL ID
5822-0310-9
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646-921-9713
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646-921-9713
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