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31221577
31221578

35560 US-27, Haines City, FL 33844

CS
FL FL SL3567539
Marcus & Millichap
DH
FL SL3301193
Marcus & Millichap
Listed by Marcus & Millichap
$2,700,000
79 days on market
Updated 20 days ago

Mavis Tires & Brakes | 19 Yr NNN | Haines City, FL

Details
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 5,600
Cap Rate 5.7%
NOI $153,876
Occupancy 100%
Tenancy Single
Brand/Tenant Mavis Discount Tires
Lease Type NNN
Lease Expiration 03/14/2045
Remaining Term 18.8
Rent Bumps Yes
Lease Options Three, Five Year
Price per SqFt $482
Year Built 2009
Investment Type Net Lease

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

CS
FL FL SL3567539
Marcus & Millichap
DH
FL SL3301193
Marcus & Millichap
Listed by Marcus & Millichap

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$153,876.00
$12,823.00/mo

Valuation Metrics

0
DSCR
5.7%
Cap Rate
5.7%
ROI

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Additional Information

Name
Christopher Skurka
License
FL SL3567539
Brokerage Phone
813-387-4774
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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