1429 10th Street E, Palmetto, FL 34221 (MLS # A4694210)

Save to Favorites
Print
Share
PRICE $1,600,000 dsIDX morgage calculator
SIZE 8,400 sqft
LOT SIZE 33,977 sqft

VUE Realty is pleased to present the opportunity to acquire a net-leased Tire Kingdom property in the growing Tampa Bay/Sarasota corridor. The property is occupied by Tire Kingdom, operated by Mavis Tire Express Services Corp., one of the nation's largest independent tire and automotive service providers with over 2,000 locations nationwide. Strategically positioned along a major commercial corridor in Palmetto, Florida, this established automotive service center benefits from excellent visibility, strong traffic counts, and a proven operating history serving the surrounding residential and commercial market. The property is offered with a Triple Net (NNN) lease structure, providing investors with passive income and limited landlord responsibilities. Current annual NOI is approximately $95,166 with approximately four years remaining on the existing lease term plus two (2) five-year renewal options. Palmetto continues to experience significant growth driven by its proximity to Sarasota, St. Petersburg, Tampa, Lakewood Ranch, and major employment centers. Continued residential and commercial development supports long-term demand and strengthens the property's investment fundamentals. Investment highlights include a nationally recognized tenant, predictable cash flow, strong visibility, essential-service retail use, long-term occupancy history, future lease extension options, and location within one of Florida's fastest-growing markets. An excellent opportunity for investors seeking stable income backed by a well-established automotive retail location. Annual NOI: Approx. $95,166 Lease Type: Triple Net (NNN) Tenant: Tire Kingdom / Mavis Tire Express Services Corp. Lease Term: Approx. 4 Years Remaining + Two 5-Year Options Annual NOI approximately $95,166. Approximately four years remaining on current lease term plus two (2) five-year renewal options. National tenant with established operating history. Excellent visibility, strong traffic counts, and strategic location within the Tampa Bay/Sarasota growth corridor.

DAYS ON MARKET 7 LAST UPDATED 5/30/2026
TRACT ACREAGE YEAR BUILT 1987
COMMUNITY 34221 - Palmetto/Rubonia COUNTY Manatee
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 34221 - Palmetto/Rubonia
CONSTRUCTION Block
INTERIOR Bathrooms, Common Lighting, High Bays
LOT 0.78 acre(s)
LOT DESCRIPTION Landscaped, Near Public Transit, Paved
LOT DIMENSIONS 169x201
SEWER Public Sewer
SUBDIVISION ACREAGE
TAXES 21809.07
UTILITIES Water Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 1429 10TH STREET E
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Marilyn Kuczynski to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Terri Harrington, VUE REALTY, LLC, 941-269-8400
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 6/5/26 11:00 PM PDT.

This IDX solution is (c) Diverse Solutions 2026.