$1.60M
1429 10th Street
Palmetto, FL 34221
Listing updated: June 2, 2026 at 10:47 AM ET
Property type
Year built
Building size
Lot size
Price / SF
Zoning
Days on market
Investment & cash flow
Income includes: Parking
Figures provided by the listing broker — verify independently.
Lease terms
- Occupancy
- Tenant
About this property
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.
Facts & features
- Property type
- Commercial Sale
- Sub type
- Business
- Status
- Active
- Days on market
- 3
- Subdivision
- Acreage
- County
- Manatee
- Year built
- 1987
- Building area
- 8,400 sq ft
- Price/sq ft
- $190.48
- Lot size
- 33,968 sq ft
- Buildings
- 1
- Road frontage
- City Street
- Building features
- Bathrooms, Common Lighting, High Bays
- Annual taxes
- $22K (2025)
- Parcel #
- 2608400004
- Zoning
- C1A
- MLS #
- A4694210
Utilities
- Utilities
- Public, Water Connected
- Water source
- Public
- Sewer
- Public Sewer
Listing details
- Listing date
- 2026-05-30
- On market date
- 2026-05-30
- MLS area
- 34221 - Palmetto/Rubonia
- Status changed
- 2026-05-31
- Tax legal description
- COM AT THE NE COR OF THE SE1/4 OF SEC 13, TH S 53.02 FT TO THE NE COR OF LOT 1, OF SD SUNKIST ACRES SUB, SD PT BEING ON THE S R/W LN OF U S 301; TH W ALG SD R/W, 190.0 FT FOR A POB; TH S 201.82 FT ALG THE W R/W LN OF 15TH AVE DR; TH S 89 DEG 30 MIN W , 169.0 FT, TH N 201.65 FT TO A PT ON SD R/W OF U S 301; TH ELY ALG SD R/W 169.05 FT TO THE POB P-60 PI#26084.0000/4
Location
Directions
Off US301 & I75 Head East on 301 property on right hand side.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 2, 2026 at 10:47 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA