Mavis Tires & Brakes

• Brand-New Construction: The property will be a newly developed ±6,240 SF Mavis Tires & Brakes featuring seven service bays on ±0.85 acres, offering a modern, purpose-built layout designed for efficient automotive service operations.
• Corporate Guarantee: Lease guaranteed by Mavis Tire Express Services Topco Corp., one of North America’s largest independent tire and automotive service providers, with 2,100+ company-operated service centers, 3,500+ owned and franchised locations, and $4.6 billion in annual revenue.
• Absolute NNN Lease: A fresh 15-year absolute NNN lease with five (5) five-year renewal options, offering truly passive ownership with zero landlord responsibilities.
• Attractive Rental Increases: Rent increases 10% every five (5) years, including options, providing a strong hedge against inflation.
• Fee-Simple: The sale includes ownership of both the land and improvements, allowing the Buyer to depreciate the eligible improvements for tax purposes.
• High Visibility: Positioned directly on US-41/South Tamiami Trail (61,000 VPD) with 213 feet of frontage, benefiting from strong exposure to both regional and local traffic.
• Strong Access: Located at the corner of South Tamiami Trail and Happy Haven Drive, with a left-in access point and shared access through the adjacent retail center, making the site easy to reach from both directions on US-41.
• High Growth Market: Positioned in the Osprey/Sarasota trade area, where the broader Sarasota-Manatee region has added 91,000 residents over the past five years and retail vacancy sits at 3.9%. Average household incomes reach $158,224 within three miles, and the population within five miles has grown 3.5% since 2020.
• Surrounded by Significant Investment: The South Tamiami Trail corridor continues to attract substantial residential, healthcare, and mixed-use investment, including The Well Sarasota (a planned 66-unit condominium and wellness development), Sarasota Memorial Hospital’s new $220 million Cancer Pavilion, and the $60.9 million Phase II expansion of Marie Selby Botanical Gardens.
• Strong Retail Synergy: Located near the Publix-anchored Shops at Casey Key and a dense concentration of national retailers, including Walmart Supercenter, Publix, CVS, Dollar Tree, and Wendy’s, demonstrating the area’s depth of retail demand.