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15209 Garnet Trail, Bradenton, FL, 34211

Mavis Tires & Brakes
$4,920,000

Key Information

Cap Rate
5.25%
Tot. SF
8,820
Lot Size
1.38 Acres
Year Built
2022
Term Remaining
±16 YRS
Type
Retail
NOI
$258,300

Highlights

  •  Long-Term Absolute NNN Lease – 16+ Years Remaining – Initial term extends through December 2042, offering stable, predictable long-term cash flow.
  • Structured Rent Increases – Attractive 5% rental escalations every five years throughout the base term and option periods, providing built-in income growth and inflation protection.
  • Strong National Operator – Mavis Tires & Brakes operates 3,500+ locations across 21 states and generates approximately $1.79 billion in annual revenue, positioning the company as one of the largest independent tire and service providers in the U.S.
  • New 2022 Construction – Modern ±8,820-square-foot auto service facility situated on a ±1.38-acre parcel, designed to meet current operational standards and minimize near-term capital expenditures.
  • High-Traffic Corridor Location – Strategically positioned along State Route 70 (±15,100 VPD) with immediate access to Interstate 75 (±133,000 VPD), providing exceptional visibility and accessibility.
  • Explosive Population Growth – The surrounding five-mile radius is projected to experience 20–30% population growth over the next five years, driving sustained consumer demand.
  • Affluent Demographics – Average household income exceeds $185,084 within a three-mile radius, supporting strong retail fundamentals.
  • Premier Lakewood Ranch Location – Located within Lakewood Ranch, one of Florida’s fastest-growing and most desirable master-planned communities.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435, BK3554632 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203