Mavis Tires & Brakes | 19 Yr NNN | Haines City, FL
Mavis Tires & Brakes | Early Lease Extension
Marketing 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 with direct frontage along US Highway 27, a dominant retail corridor with approximately 59,000 vehicles per day.
This investment is secured by Mavis Tires & Brakes, a national automotive service operator and one of the largest tire and service platforms in the United States, with more than 3,500 locations nationwide and approximately $2.4 billion in annual revenue. Notably, the tenant recently executed an early lease extension, adding 15 years of term and demonstrating strong long-term commitment to this location.
The lease features approximately 19 years of remaining term through March 2045, with three additional five-year renewal options. The lease is structured as modified NNN, with the tenant responsible for CAM, taxes, and insurance, and limited landlord responsibility for the roof. The lease also includes 5% rental increases, providing steady 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. The Lakeland–Haines City market continues to attract both residents and employers, reinforcing long-term fundamentals for retail and service-oriented tenants.
This offering provides investors with durable cash flow, a long-term committed national tenant, and exposure to one of Florida’s fastest-growing corridors.
Investment highlights
Early 15-Year Lease Extension Executed
Tenant recently extended early through 2045, demonstrating long-term commitment to the site
Long-Term Lease | ~19 Years Remaining
Remaining term plus options through 2060 provides extended income security
National Tenant | 3,500+ Locations
One of the largest automotive service platforms in the U.S. with ~$2.4B in revenue
Passive Modified NNN Structure
Tenant pays CAM, taxes, and insurance; landlord responsible for roof only
5% Rental Increases
Contractual rent growth providing consistent NOI upside over the hold period
Purpose-Built Facility | 7 Service Bays
Well-designed automotive asset tailored for long-term tenant use and functionality
Proven Location | 17 Years Operating History
Established site with consistent performance and long-term tenant presence
High-Exposure Retail Corridor (±59,000 VPD)
Prime frontage along US Highway 27, a major Polk County thoroughfare
Dense & Growing Submarket
Strong surrounding population with projected ~13% growth through 2029
Recession-Resistant Tenant Base
Necessity-driven automotive services with a non-discretionary customer base
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?










