Bradenton, FL 34211

Mavis Tires & Brakes Sale-Leaseback

Property Address

1708 Pope Road, Bradenton, FL, USA

Offering Summary

  • Price: $3,809,524
  • Lot Size: 1.26 Acres
  • Cap Rate: 5.25%
  • Year Built: 2025
  • Building SF: 6,894
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% Rental Increases Every Five Years with Multiple Renewal Options
  • Mavis Offers a Menu of Additional Services Including Brakes, Alignments, Oil Changes, Suspension, Shocks, Struts, Battery Replacement, and Exhaust Work
  • Mavis is One of the Largest Independent Automotive Service Businesses in the United States with Over 2,000 Service Centers in 38 States
  • Households and Population Projected to Increase More Than 14% in the Immediate Area by 2029
  • Easily Accessible by Approximately 35,000 Cars per Day Along State Route 64
  • Affluent Trade Area - Average Household Income Exceeds $172,000 within One Mile
  • Across from Publix Super Market-Anchored Retail Center
  • Adjacent to New Mixed-Use Development That Will Include 300 Multi-Family Units and 50,000 SF of Commercial Space

Broker Information