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7232 Brookridge Central Blvd
Brooksville, FL 34613
Discount Tire Ground Lease · Retail Property For Sale


Investment Highlights
- New 15-year absolute NNN ground lease to Discount Tire, a leading independent retailer of tires, wheels, and windshield wipers
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment
- In November of 2024 Discount Tire pulled back the curtain on a multi-year effort to develop and upgrade Treadwell Research Park
- 10% rental increases every five years deliver steady growth through the initial term and seven (7) five-year options
- Discount Tire serves customers at more than 1,200 stores in 39 states
- Discount Tire employs over 30,000 people and generates revenue exceeding $9.5B annually
Executive Summary
Copilot said: Positioned along State Route 50/Cortez Boulevard with exposure to approximately 44,000 vehicles per day, this premier retail asset offers exceptional visibility and accessibility within one of Brooksville’s primary commercial corridors. The property is leased to Discount Tire, a nationally recognized retailer with more than 1,200 locations, over 30,000 employees, and annual revenue exceeding $9.5 billion, providing a strong and reliable tenancy. The surrounding trade area is supported by a robust demographic base of more than 75,000 residents within a five-mile radius and an average household income exceeding $85,000 annually. The site benefits from significant consumer draw generated by nearby national retailers and restaurants, including Walmart Supercenter, Sam’s Club, Michaels, Petco, Hobby Lobby, Belk, and Chick-fil-A. Structured as an absolute NNN ground lease, the investment offers truly passive ownership, with the tenant responsible for all maintenance, operating expenses, and capital items, including the roof, structure, and parking lot. Furthermore, strong projected population and income growth throughout the surrounding area position both the property and the Brooksville market for continued long-term appreciation and stable performance.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,363 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$3,112,000
Price Per SF
$422.65
Cap Rate
4.50%
NOI
$140,040
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.00 AC
Parking
28 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
414’ on Cortez Boulevard
Property Taxes
| Parcel Number | R27-222-18-1357-0000-0020 | Improvements Assessment | $0 |
| Land Assessment | $396,834 | Total Assessment | $396,834 |
Property Taxes
Parcel Number
R27-222-18-1357-0000-0020
Land Assessment
$396,834
Improvements Assessment
$0
Total Assessment
$396,834
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