Mavis Tires Brakes — Sale in Haines City, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Haines City, FL 33844

Investment Figures

Cap rate
5.70%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exclusive listing for a Mavis Tires & Brakes located in Haines City, Florida. The property consists of a ±5,600 square foot freestanding building positioned along US Highway 27, a dominant retail corridor with approximately 59,000 vehicles per day. The asset is leased to GIMEX Properties Corp., Inc., part of the Mavis platform, one of the largest automotive service operators in the United States. The tenant recently executed an early 15-year lease extension, bringing the remaining term to approximately 19 years through March 2045, with options extending to 2060—demonstrating a strong long-term commitment to the location. The lease is structured as modified NNN, with the tenant responsible for CAM, taxes, and insurance, and limited landlord responsibility. The lease also features 5% rental increases, providing consistent and predictable income growth. Strategically located between Tampa and Orlando along the I-4 corridor, the property benefits from strong population growth, expanding residential development, and increasing demand for necessity-based automotive services. This offering provides investors with durable cash flow, long-term tenancy, and exposure to one of Florida’s fastest-growing markets. Investment Highlights: • Long-Term Lease with National Tenant Commitment Recently executed early 15-year extension brings total remaining term to ~19 years through 2045, with options extending to 2060. • Passive Income with Built-In Rent Growth Modified NNN lease structure with tenant covering CAM, taxes, and insurance, and limited landlord responsibilities. • Prime Location in High-Growth Corridor Situated on US Highway 27 (~59,000 VPD) between Tampa and Orlando.

Market Context

This retail in Haines City, FL is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Haines City, FL — view the full market.

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