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Mavis Tires & Brakes 15209 Garnet Trail 8,820 SF Retail Building Bradenton, FL 34211 $4,920,000 ($557.82/SF) 5.25% Cap Rate
Investment Highlights
- Long-Term Absolute NNN Lease – 16+ Years Remaining – Initial term extends through December 2042, offering stable, predictable long-term cash flow.
- Strong National Operator – Mavis Tires & Brakes operates 3,500+ locations across 21 states and generates approximately $1.79 billion in annual revenue
- High-Traffic Corridor Location – Strategically positioned along State Route 70 (±15,100 VPD) with immediate access to Interstate 75 (±133,000 VPD)
- Structured Rent Increases – Attractive 5% rental escalations every five years throughout the base term and option periods, providing built-in income
- New 2022 Construction – Modern ±8,820-square-foot auto service facility situated on a ±1.38-acre parcel, designed to meet current operational standard
- Explosive Population Growth – The surrounding five-mile radius is projected to experience 20–30% population growth over the next five years
Executive Summary
Broker of Record
Kyle Matthews
License # CQ1066435, BK3554632 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435, BK3554632 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,820 SF
Building Class
B
Year Built
2022
Price
$4,920,000
Price Per SF
$557.82
Cap Rate
5.25%
NOI
$258,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.38 AC
Zoning
C - General Commercial
Frontage
108’ on Garnet Trail
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5822-0310-9 | Improvements Assessment | $700,500 |
| Land Assessment | $911,646 | Total Assessment | $1,612,146 |
Property Taxes
Parcel Number
5822-0310-9
Land Assessment
$911,646
Improvements Assessment
$700,500
Total Assessment
$1,612,146
Contacts
-
Michael Tamir -
Kevin Puder -
Chad Kurz -
Matthews Real Estate Investment Services
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Mavis Tires & Brakes | 15209 Garnet Trail
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