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

Photos

Mavis Tires & Brakes — Sale in Haines City, FL, photo 1 of 2
Mavis Tires & Brakes — Sale in Haines City, FL, photo 2 of 2

Investment Figures

Cap rate
6.00%

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 exclusively present the opportunity to acquire a Mavis Tires & Brakes located in Haines City, Florida. The property consists of a ±5,600-square-foot freestanding automotive service facility situated on US Highway 27, one of Central Florida's primary commercial corridors with approximately 59,000 vehicles per day. The property is leased to an operator under the Mavis Tires & Brakes platform, one of the nation's largest automotive service providers with more than 3,500 locations across 38 states. The tenant recently executed an early 15-year lease extension, extending the lease through March 2045 and demonstrating a significant long-term commitment to this location. The lease offers 18+ years of remaining term, plus three (3) additional five-year renewal options extending potential occupancy through 2060. The lease is structured as a Modified NNN lease, with the tenant responsible for CAM, real estate taxes, and insurance, while the landlord's responsibility is limited to the roof. In addition, the lease features 5% contractual rental increases throughout the extension term and renewal options, providing investors with predictable long-term income growth. Strategically positioned between Tampa and Orlando along the rapidly expanding I-4 corridor, the property benefits from strong population growth, continued residential development, and increasing demand for necessity-based automotive services. The Lakeland–Haines City MSA continues to experience robust economic expansion, making the area an attractive long-term investment market. This offering presents investors with the opportunity to acquire a long-term, passive automotive net lease investment backed by an established national operating platform, featuring 18+ years of remaining lease term, contractual rent growth, and a proven operating location in one of Central Florida's fastest-growing retail corridors. Investment Highlights: • Early 15-Year Lease Extension Executed Tenant exe

Market Context

This retail in Haines City, FL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Haines City, FL — view the full market.

Estimated Price per SF

$45.82/SF – $333.26/SF

Mid: $138.86/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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